Bill Summary for H 1167 (2011-2012)

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Summary date: 

May 29 2012

Bill Information:

View NCGA Bill Details2011-2012 Session
House Bill 1167 (Public) Filed Tuesday, May 29, 2012
TO ELIMINATE THE TAX CAP ON THE TAX PAID ON THE SALES PRICE OF AIRCRAFT, BOATS, AND RECREATIONAL VEHICLES SOLD AT RETAIL.
Intro. by Luebke.

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Bill summary

Amends GS 105-164.4(a)(1b) (addressing aircraft and boats) and GS 105-187.3(a) (addressing recreational vehicles) to provide as title indicates. Applies to sales made on or after July 1, 2012.