NC S1430

Permits mixed governmental entities (joint agencies combining counties, cities, or consolidated city-counties) to receive annual refunds of sales and use taxes paid on direct purchases of tangible personal property and services.

Refunds exclude electricity, telecommunications service, and ancillary service but include indirect sales and use tax liability on building materials, supplies, fixtures, and equipment that become part of structures owned or leased by the governmental entity.

Requires refund requests to be submitted in writing within six months after the end of the governmental entity's fiscal year and must include information and documentation required by the Secretary.

Effective July 1, 2008, and applies to sales made on or after that date.