Bill Text: NC S913 | 2011-2012 | Regular Session | Amended
Bill Title: Expand Aviation Sales Tax Exemption
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2012-05-30 - Ref To Com On Finance [S913 Detail]
Download: North_Carolina-2011-S913-Amended.html
GENERAL ASSEMBLY OF NORTH CAROLINA
SESSION 2011
S 1
SENATE BILL 913
Short Title: Expand Aviation Sales Tax Exemption. |
(Public) |
|
Sponsors: |
Senator Gunn (Primary Sponsor). |
|
Referred to: |
Finance. |
|
May 30, 2012
A BILL TO BE ENTITLED
AN ACT to expand the sales tax exemption for repair parts and accessories sold to an interstate air business.
The General Assembly of North Carolina enacts:
SECTION 1. G.S. 105‑164.3(16) reads as rewritten:
"§ 105‑164.3. Definitions.
The following definitions apply in this Article:
…
(16) Interstate passenger air carrier. – A person whose
primary business is scheduled passenger air transportation, as defined in the
North American Industry Classification System adopted by the United States
Office of Management and Budget, in interstate commerce.commerce or whose
primary business is to carry passengers for hire, pursuant to a license issued
under Part 135 of Title 14 of the Code of Federal Regulations (e‑CFR,
January 10, 2012) by the Federal Aviation Administration, in interstate
commerce.
…."
SECTION 2. This act becomes effective July 1, 2012, and applies to purchases made on or after that date.