INCREASE REGIONAL TRANSPORTATION TAX CAP.

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View NCGA Bill Details2013-2014 Session
Senate Bill 266 (Public) Filed Tuesday, March 12, 2013
A BILL TO BE ENTITLED AN ACT TO INCREASE THE TAX RATE ON GROSS RECEIPTS A REGIONAL TRANSPORTATION AUTHORITY MAY LEVY ON RETAILERS ENGAGED IN THE BUSINESS OF LEASING OR RENTING U-DRIVE-IT VEHICLES OR MOTORCYCLES.
Intro. by Parmon.

Status: Ref To Com On Finance (Senate Action) (Mar 13 2013)

Bill History:

S 266

Bill Summaries:

  • Summary date: Mar 12 2013 - View Summary

    Identical to H 244, filed 3/6/13.

    Amends GS 105-551, as the title indicates, by increasing the cap on the tax rate from 5% to 8%. Applies only to a regional transportation authority established under GS Chapter 160A, Article 27.