Bill Summary for S 20 (2015-2016)

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Bill: IRC UPDATE/MOTOR FUEL CHANGES. (NEW)

Summary date: 

Apr 1 2015
S.L. 2015-2

Bill Information:

View NCGA Bill Details(link is external)2015-2016 Session
Senate Bill 20 (Public) Filed Tuesday, February 3, 2015
AN ACT TO UPDATE THE REFERENCE TO THE INTERNAL REVENUE CODE, TO DECOUPLE FROM CERTAIN PROVISIONS OF THE FEDERAL TAX INCREASE PREVENTION ACT OF 2014, TO MODIFY THE MOTOR FUELS TAX RATE, AND TO MAKE CERTAIN REDUCTIONS WITHIN THE DEPARTMENT OF TRANSPORTATION FOR THE 2014-2015 FISCAL YEAR.
Intro. by Rabon, Rucho, Tillman.

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Bill summary

AN ACT TO UPDATE THE REFERENCE TO THE INTERNAL REVENUE CODE, TO DECOUPLE FROM CERTAIN PROVISIONS OF THE FEDERAL TAX INCREASE PREVENTION ACT OF 2014, TO MODIFY THE MOTOR FUELS TAX RATE, AND TO MAKE CERTAIN REDUCTIONS WITHIN THE DEPARTMENT OF TRANSPORTATION FOR THE 2014-2015 FISCAL YEAR. Enacted March 31, 2015. Effective March 31, 2015, except as otherwise provided.