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NC S356

Bill

Status

Introduced

3/20/2025

Primary Sponsor

Bob Brinson

Click for details

Origin

Senate

2025-2026 Session

AI Summary

  • Requires the Secretary of Revenue to credit quarterly refunds of local sales and use taxes paid indirectly by the North Carolina Global Transpark Authority back to the Authority
  • Creates an exception to G.S. 105-164.14(e), which currently governs how local sales tax refunds are handled for state agencies
  • Amends G.S. 63A-24, which outlines general laws and exceptions applicable to the Global Transpark Authority
  • Effective upon becoming law, applying to refunds payable for the first full quarter occurring on or after that date

Legislative Description

Global Transpark Authority Sales Tax Mods

Public

Last Action

Ref To Com On Rules and Operations of the Senate

3/24/2025

Committee Referrals

Rules and Operations of the Senate3/24/2025

Full Bill Text

No bill text available