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NC H973

Bill

Official Source

Status

Introduced

4/25/2019

Primary Sponsor

Allen McNeill

Click for details

Origin

House of Representatives

2019-2020 Session

AI Summary

  • Exempts from North Carolina sales tax devices designed to prevent firearm operation without first deactivating the device (such as gun locks)
  • Exempts from sales tax gun safes, gun cases, and other storage devices designed to be unlocked only by key, combination, or similar means
  • Amends G.S. 105-164.13 by adding a new subdivision (71) to the list of sales tax exemptions
  • Effective July 1, 2019, and applies to all sales made on or after that date

Legislative Description

Gun Securitization Sales Tax Exemption

Last Action

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

4/26/2019

Committee Referrals

Finance4/26/2019

Full Bill Text

No bill text available