Senate amendment to the 3rd edition makes the following changes.
Section 1
Requires under new GS 20-53.6 that the application for a certificate of title for an all-terrain vehicle, modified utility vehicle, or utility vehicle also include a statement of the owner's title and of all liens upon the vehicle, including the names and addresses of all lienholders in the order of their priority, and the date and nature of each lien. Directs that the provisions of GS Chapter 20 that relate to perfection of security interests do not apply to vehicles issued a certificate of title under GS 20-53.6. Makes a technical change.
The Daily Bulletin: 2024-06-18
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The Daily Bulletin: 2024-06-18
Intro. by Sossamon, N. Jackson, Biggs. | GS 20 |
Senate amendment #1 to the 5th edition removes amendments to GS 105-449.60 (definitions concerning taxes on gasoline, diesel and blends) that would have created newly defined term, renewable diesel.
House committee substitute makes various changes to the 1st edition. We will not be including a summary of the Appropriations Act. For the content of the bill, please follow the View NCGA Bill Details link. Further information on the budget, including the committee report, can be found on the “News” section of the General Assembly’s website at: https://www.ncleg.gov/News.
Intro. by Arp, Saine, Lambeth. | APPROP, STUDY, Jones, Union, Wake, GS 1C, GS 7A, GS 14, GS 17C, GS 17E, GS 18B, GS 18C, GS 20, GS 53, GS 58, GS 62, GS 65, GS 66, GS 74F, GS 90, GS 105, GS 108A, GS 110, GS 115B, GS 115C, GS 115D, GS 116, GS 117, GS 120, GS 121, GS 122A, GS 126, GS 127A, GS 130A, GS 135, GS 136, GS 143, GS 143A, GS 143B, GS 143C, GS 145, GS 147, GS 150B, GS 153A, GS 160A, GS 163, GS 164, GS 166A |
Senate committee substitute to the 5th edition makes the following changes.
Amends the act's long title.
Adds new article 5K (Hemp-Derived Consumable Products Tax), which imposes an excise tax of 10.5% on the retail sale of a hemp-consumable product (defined) in addition to any other applicable federal, State, or local tax, to GS Chapter 105. Directs that the tax is intended to be passed on to and borne by the purchaser of the hemp-derived consumable product. Specifies that the tax is recoverable by the retailer in the same manner as other debts. Requires hemp-derived consumable products retailers to register with the Department of Revenue (DOR). Requires the non-assignable certificate of registration to be displayed at each retailer's place of business. Specifies that a registration is valid unless (1) it is revoked for failure to comply with the provisions of Article 5K or (2) it becomes void if, for a period of eighteen months, the person files no returns or files returns showing no sales. Provides for revocation of the certificate for failure to comply with Article 5k. Provides for notice, opportunity for objection, and review of allegations in those matters. Directs that the tax be collected and administered in the same manner as State sales and use taxes. Applies the provisions of GS Chapter 105 Article 9 (administration) that are not inconsistent with new Article 5K, including administration, auditing, making returns, promulgation of rules and regulations by the Secretary of Revenue, additional taxes, assessments and assessment procedure, imposition and collection of taxes and the lien thereof, and penalties, to new Article 5K. Directs that the exemptions and refunds allowed in GS Chapter 105's provisions pertaining to sales and use taxes do not apply to sales that the State cannot constitutionally tax. Effective July 1, 2025, and applies to sales occurring on or after that date.
The Daily Bulletin: 2024-06-18
The Daily Bulletin: 2024-06-18
The Daily Bulletin: 2024-06-18
Actions on Bills: 2024-06-18
H 97: VARIOUS EDUCATION CHANGES. (NEW)
H 155: TITLES FOR OFF-ROAD VEH./LOW SPEED VEH. INSP. (NEW)
H 199: DMV PROPOSED LEGISLATIVE CHANGES.-AB
H 207: DISCIPLINE CHANGES. (NEW)
H 223: OSHR/VARIOUS SHRA CHANGES.
H 228: REV. LAWS TECH., CLARIFYING, & ADMIN. CHNGS.
H 263: 2023 APPROPRIATIONS ACT.
H 309: VARIOUS TRANSPORTATION CHANGES. (NEW)
H 495: REVISE MONEY LAUNDERING/RETAIL CRIME. (NEW)
H 563: HEMP-DERIVED CONSUMABLES/CON SUB CHANGES. (NEW)
H 900: SUBSTITUTE CERTAIN CIHS PARTNERS/WAKE.
H 912: 2024 UNC SELF-LIQUIDATING CAPITAL PROJECTS.
S 90: SCHOOLS FOR THE DEAF AND BLIND TRANSITION. (NEW)
S 303: VARIOUS COURT CHANGES. (NEW)
S 565: REVISE AUTOMATIC EXPUNCTION. (NEW)
S 630: VARIOUS CONSTITUTIONAL AMENDMENTS (NEW).
S 802: C-PACE PROGRAM.
Actions on Bills: 2024-06-18
H 909: VARIOUS LOCAL PROVISIONS I. (NEW)
H 911: VARIOUS LOCAL PROVISIONS II. (NEW)
H 1064: VARIOUS LOCAL PROVISIONS III (NEW).
S 776: COMM. COLL. TRUSTEE TERMS/REGION 2.
S 912: ELECTIONS CHANGES FOR WATAUGA ED & COUNTY BDS.
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