GENERAL ASSEMBLY OF NORTH CAROLINA

SESSION 1989

H	1 

HOUSE BILL 1471

Short Title:  Clarify Precious Metals Tax.	(Public)
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Sponsors: Representatives Cromer, Hege, Howard; Jack Hunt, Lutz, Bowman, and Weatherly.
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Referred to:  Rules.

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April 28, 1989

A BILL TO BE ENTITLED
AN ACT TO CLARIFY THE AD VALOREM TAX STATUS OF PRECIOUS METALS USED IN THE MANUFACTURING PROCESS.
The General Assembly of North Carolina enacts:
Section 1.  The tax status of precious metals used in the manufacturing process is clarified.
Sec. 2.  This act is effective for taxable years beginning on or after January 1, 1989.