STUDY ON ELIMINATING UNAUTHORIZED SUBS. TAX.

Printer-friendly: Click to view
View NCGA Bill Details2023-2024 Session
House Bill 668 (Public) Filed Monday, April 17, 2023
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:

H 668

Bill Summaries:

  • Summary date: Apr 17 2023 - View Summary

    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.