Bill Summary for S 894 (2011-2012)
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Summary date:
May 23 2012
Bill Information:
| View NCGA Bill Details | 2011-2012 Session |
TO EXEMPT FROM SALES TAX THE SALE OF MEDICINE AND DEVICES SOLD ON PRESCRIPTION BY VETERINARIANS FOR THE TREATMENT OF ANIMALS.Intro. by Rabon, Kinnaird.
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Bill summary
Adds a definition for medicine, which includes vaccines, vitamins, ointments, and other medications with preventive and curative properties in the prevention, treatment, and cure of disease in animals, to GS 105-164.3. Amends GS 105-164.13 to exempt prescription medicine and devices, as defined, from sales and use tax. Applies to sales made on or after July 1, 2012.