Bill Summary for S 174 (2023-2024)
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Summary date:
Mar 14 2023
Bill Information:
View NCGA Bill Details | 2023-2024 Session |
AN ACT TO MAKE VARIOUS TECHNICAL, CLARIFYING, AND ADMINISTRATIVE CHANGES TO THE REVENUE LAWS.Intro. by P. Newton, Perry, Rabon.
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Bill summary
House committee substitute to the 3rd edition makes the following changes. In Part II, amends GS 105-164.13 (pertaining to retail sales and use taxes) to change one of the conditions required for the exemption for sales by a nonprofit civic, charitable, educational, scientific, library, or fraternal organization to when each annual sales period funds a distinct and different program from the other annual sales periods during the year (was, when each annual sales period funds a distinct and different project).