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NC S498

Bill

Status

Introduced

4/3/2023

Primary Sponsor

Sydney Batch

Click for details

Origin

Senate

2023-2024 Session

AI Summary

  • Exempts firearm safety equipment from North Carolina sales tax, defined as enclosures or devices intended to prevent access to or unintentional or unauthorized use of firearms
  • Excludes safety devices that are part of the firearm's original design from the exemption
  • Adds new subdivisions to G.S. 105-164.3 and G.S. 105-164.13 to establish the sales tax exemption
  • Becomes effective October 1, 2023, and applies to all sales made on or after that date
  • Sponsored by Senators Batch, Garrett, and Murdock

Legislative Description

Firearm Safety Products Sales Tax Exemption

Sales & Use; Weapons

Last Action

Ref To Com On Rules and Operations of the Senate

4/4/2023

Committee Referrals

Rules and Operations of the Senate4/4/2023

Full Bill Text

No bill text available