Bill Summary for S 399 (2015-2016)

Summary date: 

Mar 24 2015

Bill Information:

View NCGA Bill Details2015-2016 Session
Senate Bill 399 (Public) Filed Tuesday, March 24, 2015
AN ACT TO ALLOW A JOINT AGENCY CREATED TO PROVIDE POLICE PROTECTION, FIRE PROTECTION, AND EMERGENCY SERVICES A REFUND OF SALES AND USE TAXES PAID AND TO DIRECT THE REVENUE LAW STUDY COMMITTEE TO EXAMINE THE APPLICATION OF THE EXEMPTION OF THE MOTOR FUELS TAX TO ENTITIES COMPRISED OF MULTIPLE LOCAL GOVERNMENT UNITS.
Intro. by Sanderson.

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Bill summary

Under current law, GS 105-164.14(c)(17) identifies certain governmental entities as allowed annual refunds of the sales and use tax paid under Article 5 of GS Chapter 105 on direct purchases of tangible personal property and services. Amends GS 105-164.14(c)(17) to include as a government entity allowed a refund of sales and use tax under Article 5 a joint agency created by interlocal agreement under GS 160A-462 to provide (1) fire protection, (2) emergency services, or (3) police protection.

Amends GS 105-449.88 to provide that the excise tax on motor fuel does not apply to motor fuel sold to a joint agency created by interlocal agreement under GS 160A-462 to provide (1) fire protection, (2) emergency services, or (3) police protection for its use. Also provides that the motor fuel excise tax does not apply to motor fuel sold to a regional solid waste management authority created under GS 153A-421 for its use.

Effective July 1, 2015, and applies to sales made on or after that date.

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