Reenacts GS 105-164.21 as it existed immediately before its repeal and makes the following changes. Increases the "merchant's discount" set forth in GS 105-164.21, now allowing a retailer who pays the retail sales and use tax imposed by Article 5 to deduct from the amount of the tax paid a discount of 3%, not to exceed $5,000 (was 1%, not to exceed $500).

Amends the following statutes to exclude the merchant's discount from the taxes specified. 

Amends GS 105-474 to exclude the merchant's discount from the scope of Article 39, which provides for a one cent local government sales and use tax subject to the application of Article 5 provisions. 

Amends GS 105-187.5 to exclude the merchant's discount from the scope of the statute, which permits a retailer to elect to pay a tax on the gross receipts of the limited possession commitment of a motor vehicle in lieu of the highway use tax imposed under Article 5A. 

Amends GS 105-187.17 to exclude the merchant's discount from the scope of Article 5B, which governs the scrap tire disposal tax. 

Amends GS 105-187.22 to exclude the merchant's discount from the scope of Article 5C, which governs the white goods (large appliances) disposal tax. 

Amends GS 105-187.32 to exclude the merchant's discount from the scope of Article 5D, which governs the dry-cleaning solvent tax. 

Applies to returns filed on or after July 1, 2023.