AN ACT TO EXPAND THE EXEMPTION FOR FARMERS TO INCLUDE CERTAIN SALES TO A QUALIFYING FARMER FOR A ZOO, TO EXEMPT QUALIFYING ITEMS FROM SALES TAX IF PURCHASED BY A WILDLIFE MANAGER FOR WILDLIFE MANAGEMENT ACTIVITIES, AND TO MAKE CHANGES TO THE PROPERTY TAXATION OF WILDLIFE CONSERVATION LAND.
Amends GS 105-164.13E, which lists sales and use tax exemptions for items purchased by qualifying farmers, as described. Expands the exemption to permit the exempt items purchased by a qualifying farmer to be used primarily in zoo operations as an alternative to the requirement for the exempt items to be primarily used in farming operations. Specifies that an item is used by a farmer for zoo operations if it is used to construct or maintain a collection of living animals or crops for public display. Applies to sales made on or after July 1, 2021.