Bill Summary for S 763 (2013-2014)

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Bill: REVENUE LAWS TECH. CHANGES AND OTHER CHANGES.

Summary date: 

Jul 31 2014

Bill Information:

View NCGA Bill Details(link is external)2013-2014 Session
Senate Bill 763 (Public) Filed Wednesday, May 14, 2014
A BILL TO BE ENTITLED AN ACT TO MAKE TECHNICAL AND CLARIFYING CHANGES TO VARIOUS REVENUE LAWS; TO MODIFY THE RENEWABLE ENERGY TAX CREDIT; AND TO MODIFY AND EXTEND THE HISTORIC REHABILITATION TAX CREDIT.
Intro. by Rabon, Rucho.

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Bill summary

House committee substitute makes the following changes to the 3rd edition:

Changes the long title. 

Deletes proposed changes to GS 105-130.3C, concerning the triggering of the corporate income tax rate reduction.

Deletes proposed GS 105-164.13(64), which provided for a tax exemption for 50 percent of the sales price of a modular home or a manufactured home, including all accessories attached when delivered to the purchaser.