AN ACT TO EXCLUDE CUSTOM SOFTWARE FROM PROPERTY TAX. Enacted July 10, 2013. Section 1 is effective for taxes imposed for taxable years beginning on or after July 1, 2014. The remainder is effective July 10, 2013.
EXCLUDE CUSTOM SOFTWARE FROM PROPERTY TAX (NEW).
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| View NCGA Bill Details(link is external) | 2013-2014 Session |
A BILL TO BE ENTITLED AN ACT TO EXCLUDE CUSTOM SOFTWARE FROM PROPERTY TAX.Intro. by Gunn, Barefoot, Walters.
Status: Ch. SL 2013-259 (Senate Action) (Jul 10 2013)
Bill History:
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Wed, 27 Mar 2013 Senate: Filed(link is external)
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Thu, 28 Mar 2013 Senate: Passed 1st Reading(link is external)
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Thu, 28 Mar 2013 Senate: Ref To Com On Finance(link is external)
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Tue, 7 May 2013 Senate: Reptd Fav Com Substitute(link is external)
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Tue, 7 May 2013 Senate: Com Substitute Adopted(link is external)
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Wed, 8 May 2013 Senate: Passed 2nd Reading(link is external)
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Wed, 8 May 2013 Senate: Passed 3rd Reading(link is external)
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Thu, 9 May 2013 House: Rec From Senate(link is external)
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Mon, 13 May 2013 House: Passed 1st Reading(link is external)
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Mon, 13 May 2013 House: Ref To Com On Finance(link is external)
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Wed, 19 Jun 2013 House: Reptd Fav Com Substitute(link is external)
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Wed, 19 Jun 2013 House: Cal Pursuant Rule 36(b)(link is external)
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Wed, 19 Jun 2013 House: Placed On Cal For 06/20/2013(link is external)
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Thu, 20 Jun 2013 House: Passed 2nd Reading(link is external)
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Mon, 24 Jun 2013 House: Postponed To 06/26/2013(link is external)
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Wed, 26 Jun 2013 House: Passed 3rd Reading(link is external)
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Thu, 27 Jun 2013 Senate: Rec To Concur H Com Sub(link is external)
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Thu, 27 Jun 2013 Senate: Placed on Today's Calendar(link is external)
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Thu, 27 Jun 2013 Senate: Concurred In H/Com Sub(link is external)
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Thu, 27 Jun 2013 Senate: Ordered Enrolled(link is external)
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Mon, 1 Jul 2013 Ratified(link is external)
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Tue, 2 Jul 2013 Pres. To Gov. 07/02/2013(link is external)
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Wed, 10 Jul 2013 Signed by Gov. 7/10/2013(link is external)
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Wed, 10 Jul 2013 Ch. SL 2013-259(link is external)
S 490/S.L. 2013-259
Bill Summaries:
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Summary date: Jul 11 2013 - View Summary
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Bill S 490 (2013-2014)Summary date: Jun 19 2013 - View Summary
House committee substitute makes the following changes to the 2nd edition. Makes the changes to GS 105-275 effective for taxes imposed for taxable years beginning on or after July 1, 2014 (was, July 1, 2013). Provides that the changes to the statute are not be to construed to affect the interpretation of any statute that is the subject of litigation pending as of the effective date of the act or to affect any other aspect of pending litigation.
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Bill S 490 (2013-2014)Summary date: May 7 2013 - View Summary
Senate committee substitute to the 1st edition make the following changes. Removes proposed deletions in GS 105-275 and instead amends GS 105-275 to exclude from tax the development of software or any modifications to software, whether done by the taxpayer or by a third party, to meet the customer's specified needs. Update the act's titles.
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Bill S 490 (2013-2014)Summary date: Mar 27 2013 - View Summary
Identical to H 453, filed 3/27/13.
As title indicates. Amends GS 105-275(40), (Property classified and excluded from the tax base), deleting GS 105-275(40)b, which provides that the exclusion does not apply to software purchased or licensed from an unrelated person that is capitalized in the taxpayer's books. Also deletes language referencing embedded software as it relates to software that is not included in the exclusion.
Effective for taxes imposed for taxable years beginning on or after July 1, 2013.
View: All Summaries for Bill
Senate committee substitute to the first edition changed the long title. Original long title was A BILL TO BE ENTITLED AN ACT TO CORRECT ERRORS IN CALCULATING PROPERTY TAX LIABILITY ON COMPUTER SOFTWARE.