Creates the 13 member Records Preservation Modernization Commission (Commission), with members appointed as detailed. Sets forth the Commission’s administrative provisions, duties, and reporting requirement.
Amends GS 105-282.1(a1) (concerning late applications for property tax exemption or exclusion) by deleting all existing provisions and instead stating that an application for a property tax exemption or exclusion should be filed during the regular listing period, but may be filed and must be accepted through June 1 preceding the tax year for which the exemption or exclusion is claimed.
Effective July 1, 2011, amends GS 105-164.4B(a), which includes principles to apply when determining where to source the sale of a product, adding that, for taxpayers required to make monthly prepayments of sales and use tax under GS 105-164.16(b2), the expanded zip code must be used for the location where the purchaser receives the product.
Effective when the act becomes law, unless otherwise indicated.