Bill Summary for H 434 (2017-2018)

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Summary date: 

Mar 22 2017
S.L. 2017-181

Bill Information:

View NCGA Bill Details2017-2018 Session
House Bill 434 (Public) Filed Wednesday, March 22, 2017
AN ACT TO EXEMPT RARE COINS, PAPER CURRENCY, AND PRECIOUS METALS SALES FROM SALES TAX.
Intro. by Bumgardner.

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Bill summary

Amends GS 105-164.13 to exempt sales of non-coin currency, investment metal bullion, and investment coins (all as defined in the act) from the sales and use tax. Applies to sales made on or after July 1, 2017.