Amends GS 105-551, as the title indicates, by increasing the cap on the tax rate from 5% to 8%. Applies only to a regional transportation authority established under GS Chapter 160A, Article 27.
INCREASE REGIONAL TRANSPORTATION TAX CAP.
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| View NCGA Bill Details | 2013-2014 Session |
A BILL TO BE ENTITLED AN ACT TO INCREASE THE TAX RATE ON GROSS RECEIPTS A REGIONAL TRANSPORTATION AUTHORITY MAY LEVY ON RETAILERS ENGAGED IN THE BUSINESS OF LEASING OR RENTING U-DRIVE-IT VEHICLES OR MOTORCYCLES.Intro. by Hanes, Terry.
Status: Ref to the Com on Government, if favorable, Transportation, if favorable, Finance (House Action) (Mar 7 2013)
H 244
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Bill H 244 (2013-2014)Summary date: Mar 6 2013 - View Summary
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Identical to S 266, filed 3/12/13.