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NC H845

Bill

Status

Introduced

4/16/2019

Primary Sponsor

John Torbett

Click for details

Origin

House of Representatives

2019-2020 Session

AI Summary

  • Expands sales tax exemptions for road-related services to include services performed within rights-of-way related to road construction, maintenance, or repair
  • Adds new sales tax exemptions for services and property leased or rented for road work, including lane closure services, flagging, traffic control devices, work zone lighting, and barrier installation
  • Allows the North Carolina Department of Transportation an annual refund of sales and use taxes paid on direct purchases of tangible property and services
  • Includes indirect sales tax liability incurred on building materials, supplies, fixtures, and equipment for Department-owned or leased structures in the refund eligibility
  • Effective July 1, 2019, for all sales made on or after that date

Legislative Description

Prevent Highway to General Fund Transfers

Last Action

Ref to the Com on Finance, if favorable, Appropriations, if favorable, Rules, Calendar, and Operations of the House

4/18/2019

Committee Referrals

Finance4/18/2019

Full Bill Text

No bill text available