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NC S152

Bill

Status

Introduced

2/26/2019

Primary Sponsor

Gladys Robinson

Click for details

Origin

Senate

2019-2020 Session

AI Summary

  • Reenacts previously repealed subdivisions (2b) and (2c) of G.S. 105-164.14(c) to restore sales tax refund provisions for local school administrative units (LEAs)
  • Allows LEAs and joint agencies created by interlocal agreements to receive annual refunds on sales and use taxes paid for direct purchases of tangible personal property and services
  • Excludes refunds for purchases of electricity, telecommunications service, ancillary service, piped natural gas, video programming, and prepaid meal plans
  • Sets aggregate annual local refund limit at $13,300,000 and requires refund requests to be filed within three years of the due date
  • Becomes effective July 1, 2019, and applies to sales made on or after that date

Legislative Description

Restore LEA Sales Tax Refund

Last Action

Ref To Com On Rules and Operations of the Senate

2/27/2019

Committee Referrals

Rules and Operations of the Senate2/27/2019

Full Bill Text

No bill text available