NC S793

Revenue Laws Study Committee shall study application of sales tax on delivery services for food, prepared food, and tangible personal property to determine whether a fixed excise tax could improve efficiency and administrative burden

Study shall examine whether revenue from delivery service taxation should be transferred in part or whole to the Highway Trust Fund rather than the General Fund based on the highway system's role in delivery services

Committee shall report findings and any recommended legislation to the 2023 Regular Session of the General Assembly

Establishes quarterly transfers of a percentage of state general sales tax revenues to the Highway Trust Fund: 2% for fiscal year 2022-23, 4% for 2023-24, and 6% for 2024-25 and thereafter

Act becomes effective July 1, 2022