Bill Summary for S 546 (2011-2012)

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Summary date: 

Apr 7 2011

Bill Information:

View NCGA Bill Details2011-2012 Session
Senate Bill 546 (Public) Filed Thursday, April 7, 2011
TO ELIMINATE THE ODOMETER MILEAGE REPORT REQUIREMENTS AND ESTABLISH A RETAIL PRICE PAID FOR EXCISE TAX PURPOSES FOR NEW VEHICLE SALES BY MANUFACTURERS DIRECTLY TO THE STATE, A UNIT OF LOCAL GOVERNMENT, AND VOLUNTEER FIRE DEPARTMENTS AND RESCUE SQUADS IN CONFORMITY TO FEDERAL GOVERNMENT CONTRACT SPECIFICATIONS.
Intro. by Vaughan.

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Bill summary

Amends GS 20-347(d) adding a new subdivision (6) to provide that the mileage disclosure requirements of this statute do not apply to a vehicle sold by a manufacturer directly to a state agency, unit of local government, a volunteer fire department, or a volunteer rescue squad.
Amends GS 105-187.3(b) regarding a retail price paid for excise tax purposes for new vehicle sales as the title indicates.