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NC S897

Bill

Status

Introduced

5/26/2022

Primary Sponsor

Daniel Blue

Click for details

Origin

Senate

2021-2022 Session

AI Summary

  • Establishes the "Gas Tax Rebate Act of 2022" to provide rebates assisting families with high gas and food costs related to increased fuel expenses
  • Eligibility requires being a North Carolina resident as of March 31, 2022, over age 18, and holding a valid North Carolina driver's license
  • Allocates $1,300,000,000 from anticipated General Fund revenue over collection to the Department of Revenue to issue $200 rebates per eligible person as checks or debit cards
  • Department of Revenue must distribute rebates as soon as practicable but no later than October 1, 2022
  • Becomes effective July 1, 2022, with automatic appropriation of additional funds if total rebate value exceeds the allocated amount

Legislative Description

Gas Tax Rebate Act

Appropriations

Last Action

Ref To Com On Rules and Operations of the Senate

5/27/2022

Committee Referrals

Rules and Operations of the Senate5/27/2022

Full Bill Text

No bill text available