Bill Summary for H 747 (2025-2026)
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Summary date:
May 6 2025
Bill Information:
| View NCGA Bill Details(link is external) | 2025-2026 Session |
AN ACT TO MAKE VARIOUS CHANGES TO THE WILDLIFE LAWS, AS REQUESTED BY THE WILDLIFE RESOURCES COMMISSION, AND TO INCREASE THE STATE SALES AND USE TAX ON BOATS.Intro. by Adams, Moss, Clampitt, Turner.
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Bill summary
House committee substitute to the 2nd edition makes the following changes.
Amends GS 105-164.4 by increasing the sales tax on boats, including accessories attached to the boat when it is delivered to the purchaser, from 3% to 3.25%; maintains the cap of $1,500 per article. Enacts new GS 105-164.44N requiring that 6% of the proceeds of that sales tax on boats be transferred within 75 days after the end of the fiscal year to the Wildlife Resources Fund. Applies to sales occurring on or after October 1, 2025. Makes conforming changes to the act's long title.