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NC S897
Bill
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