• Summary date: Feb 26 2019 - View Summary

    Reenacts subsections (c)(2b) and (c)(2c) of GS 105-164.14 as they existed immediately before their repeal in 2005. Authorizes sales tax refunds for local school administrative units.

    Amends GS 105-467, concerning local government sales tax. Deletes the provisions of the statute (1) prohibiting taxing counties from allowing an exemption, exclusion, or refund that is not allowed under the State sales and use tax and (2) allowing an annual refund of sales and use tax paid on direct purchases of tangible personal property and services by a joint agency created by an interlocal agreement created among local school administrative units to jointly purchase food service related materials, supplies and equipment. Makes conforming deletions. 

    Repeals GS 105-164.44H, which requires the Secretary of Revenue to transfer a portion the sales and use tax collected to the State Public School Fund.

    Effective July 1, 2019.

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