Bill Summary for H 1050 (2013-2014)

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Bill: OMNIBUS TAX LAW CHANGES.

Summary date: 

May 19 2014
S.L. 2014-3

Bill Information:

View NCGA Bill Details2013-2014 Session
House Bill 1050 (Public) Filed Wednesday, May 14, 2014
A BILL TO BE ENTITLED AN ACT TO AMEND THE REVENUE LAWS, AS RECOMMENDED BY THE REVENUE LAWS STUDY COMMITTEE.
Intro. by Howard, W. Brawley, Lewis, Setzer.

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Bill summary

The House committee substitute to the 1st edition deletes the amendments to GS 105-130.4(i) which changed the corporate apportionment formula to four times the sales factor.