Reenacts subsections (c)(2b) and (c)(2c) of GS 105-164.14 as they existed immediately before their repeal in 2005. Authorizes sales tax refunds for local school administrative units.
Amends GS 105-467, concerning local government sales tax. Deletes the provisions of the statute (1) prohibiting taxing counties from allowing an exemption, exclusion, or refund that is not allowed under the State sales and use tax and (2) allowing an annual refund of sales and use tax paid on direct purchases of tangible personal property and services by a joint agency created by an interlocal agreement created among local school administrative units to jointly purchase food service related materials, supplies and equipment. Makes conforming deletions.
Repeals GS 105-164.44H, which requires the Secretary of Revenue to transfer a portion the sales and use tax collected to the State Public School Fund.
Effective July 1, 2019.
RESTORE LEA SALES TAX REFUND.
|View NCGA Bill Details||2019-2020 Session|
AN ACT TO RESTORE THE SALES TAX REFUND AUTHORIZED FOR LOCAL SCHOOL ADMINISTRATIVE UNITS.Intro. by Robinson, Foushee.
Status: Ref To Com On Rules and Operations of the Senate (Senate action) (Feb 27 2019)
Tue, 26 Feb 2019 Senate: Filed
Wed, 27 Feb 2019 Senate: Passed 1st Reading
Wed, 27 Feb 2019 Senate: Ref To Com On Rules and Operations of the Senate
Bill S 152 (2019-2020)Summary date: Feb 26 2019 - View Summary