Bill Summary for S 733 (2019-2020)
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Summary date:
Jun 22 2020
Bill Information:
| View NCGA Bill Details | 2019-2020 Session |
AN ACT TO AUTHORIZE THE ACQUISITION OR CONSTRUCTION AND THE FINANCING, WITHOUT APPROPRIATIONS FROM THE GENERAL FUND, OF CERTAIN CAPITAL IMPROVEMENT PROJECTS OF THE CONSTITUENT INSTITUTIONS OF THE UNIVERSITY OF NORTH CAROLINA.Intro. by Newton, Gunn.
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Bill summary
House committee substitute makes the following changes to the 2nd edition.
Eliminates previous Part II of the act, which enacted new GS 105-244.4B authorizing the Secretary of Revenue to forgive 100% of a sales and use tax assessment and penalties as the result of Department of Revenue audits of certain Continuing Care Retirement Communities (CCRCs).
Makes conforming changes to the act's titles and organization.