Bill Summary for H 703 (2013-2014)

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Summary date: 

Apr 10 2013

Bill Information:

View NCGA Bill Details2013-2014 Session
House Bill 703 (Public) Filed Wednesday, April 10, 2013
A BILL TO BE ENTITLED AN ACT TO AUTHORIZE COUNTIES AND MUNICIPALITIES TO ADOPT RULES AND REGULATIONS GOVERNING PRECIOUS METALS DEALERS.
Intro. by Brody, McNeill, Waddell, Faircloth.

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Bill summary

Enacts new GS 66-415 allowing counties and cities to, by ordinance, adopt provisions of Part 2 (Precious Metals Business) and other appropriate rules and regulations, but prohibits regulation of (1) hours of operation, unless it applies to businesses generally; (2) the nature of the business or type of transaction; and (3) license fees in excess of the rates set by the state. Effective October 1, 2013.