Requires the Revenue Laws Study Committee (Committee) to study the costs and benefits reasonably anticipated from eliminating the unauthorized substances taxes by repealing Article 2D of Subchapter I of GS Chapter 105 General Statutes (purpose of which is to levy an excise tax to generate revenue for State and local law enforcement agencies and for the General Fund), including any funding necessary to compensate State or local law enforcement for any resulting revenue losses. Requires the Committee to report its findings, together with any recommended legislation, to the 2024 Regular Session of the 2023 General Assembly upon its convening.
STUDY ON ELIMINATING UNAUTHORIZED SUBS. TAX.
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| View NCGA Bill Details(link is external) | 2023-2024 Session |
AN ACT REQUIRING THE REVENUE LAWS STUDY COMMITTEE TO STUDY THE FEASIBILITY AND EFFECT OF ELIMINATING THE UNAUTHORIZED SUBSTANCES TAXES.Intro. by Everitt, Morey, Crawford, Autry.
Status: Ref To Com On Rules, Calendar, and Operations of the House (House action) (Apr 19 2023)
Bill History:
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Mon, 17 Apr 2023 House: Filed(link is external)
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Wed, 19 Apr 2023 House: Passed 1st Reading(link is external)
H 668
Bill Summaries:
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Bill H 668 (2023-2024)Summary date: Apr 17 2023 - View Summary
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