GENERAL ASSEMBLY OF NORTH CAROLINA

SESSION 1989

S	1 

SENATE BILL 207*

Short Title:  Repeal Unused Tax Credits.	(Public)
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Sponsors: Senators Plyler, Winner, and Rauch.
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Referred to:  Finance.
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February 20, 1989

A BILL TO BE ENTITLED
AN ACT TO REPEAL CERTAIN UNUSED CORPORATE INCOME TAX CREDITS.
The General Assembly of North Carolina enacts:
Section 1.  G.S. 105-130.28 is repealed.
Sec. 2.  G.S. 105-130.29 is repealed.
Sec. 3.  G.S. 105-130.30 is repealed.
Sec. 4.  G.S. 105-130.31 is repealed.
Sec. 5.  G.S. 105-130.27A is repealed.
Sec. 6.  G.S. 105-130.37 is repealed.
Sec. 7. This act does not affect the rights or liabilities of the State, a taxpayer, or other person arising under a statute repealed by this act before its repeal; nor does it affect the right to any refund or credit of a tax that would otherwise have been available under the repealed statute before its repeal.
Sec. 8.  This act is effective for taxable years beginning on or after January 1, 1989.