Bill Summary for S 824/SL 2012-43 (2011-2012)

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Bill: EXPEDITED RULE MAKING FOR FORCED COMBINATIONS.

Summary date: 

Jun 21 2012
S.L. 2012-43

Bill Information:

View NCGA Bill Details2011-2012 Session
Senate Bill 824 (Public) Filed Thursday, May 17, 2012
TO REQUIRE THE SECRETARY OF REVENUE'S INTERPRETATION OF THE LAW CONCERNING THE SECRETARY'S AUTHORITY TO ADJUST NET INCOME OR REQUIRE A COMBINED RETURN BE MADE THROUGH RULE MAKING AND TO PROVIDE AN EXPEDITED PROCESS FOR RULE MAKING ON THIS ISSUE.
Intro. by Rucho, Hartsell.

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Bill summary

AN ACT TO REQUIRE THE SECRETARY OF REVENUE'S INTERPRETATION OF THE LAW CONCERNING THE SECRETARY'S AUTHORITY TO ADJUST NET INCOME OR REQUIRE A COMBINED RETURN BE MADE THROUGH RULE MAKING AND TO PROVIDE AN EXPEDITED PROCESS FOR RULE MAKING ON THIS ISSUE. Summarized in Daily Bulletin 5/17/12 and 5/31/12. Enacted June 20, 2012. Effective June 20, 2012.