INCENTIVIZE SPACE SPIRITS.

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View NCGA Bill Details2023-2024 Session
Senate Bill 572 (Public) Filed Tuesday, April 4, 2023
AN ACT TO INCENTIVIZE NEW TECHNOLOGIES IN THE MANUFACTURING OF SPIRITOUS LIQUOR BY CAPPING THE TAX ON CERTAIN PURCHASES, INCLUDING SPIRITOUS LIQUOR THAT HAS BEEN AGED FOR AT LEAST TWELVE MONTHS IN ORBIT.
Intro. by Moffitt, Johnson.

Status: Ref To Com On Rules and Operations of the Senate (Senate action) (Apr 5 2023)

SOG comments (1):

Identical bill

Identical to H 578, filed 4/5/23.

Bill History:

S 572

Bill Summaries:

  • Summary date: Apr 4 2023 - View Summary

    Adds new subsection (a4) to GS 105-164.27A, which allows a purchaser of qualifying spiritous liquor, defined as a single container of spiritous liquor costing $50,000 or more, to apply for a direct pay permit to avoid paying sales tax on the liquor purchase to the seller and instead pay use tax directly to the Secretary of Revenue. The maximum amount of use tax imposed is $1,000, and the permit applies only to the purchase of qualifying spiritous liquor. Also provides an exemption in GS 105-113.81(f) for luxury liquor, defined as a single container of spiritous liquor costing $50,000 or more. 

    Effective and applicable to purchases on or after January 1, 2024.