GENERAL ASSEMBLY OF NORTH CAROLINA

SESSION 1993

H	1 

HOUSE BILL 1841

Short Title:  Pay Federal Retiree Refunds.	(Public)
─────────────────────────────────────── 
Sponsors: Representatives Grady; Alphin, J. Brown, Culp, Esposito, Gardner, Ives, Justus, McLawhorn, Morgan, Nichols, J. Preston, Sexton, Smith, Spears, and Warner.
─────────────────────────────────────── 
Referred to:  Finance.
─────────────────────────────────────── 

May 30, 1994

A BILL TO BE ENTITLED
AN ACT TO WAIVE THE THIRTY-DAY PROTEST RULE SO THAT FEDERAL RETIREES MAY RECEIVE REFUNDS FOR INCOME TAX PAID ON THEIR RETIREMENT BENEFITS FOR TAX YEARS 1985 THROUGH 1988.
The General Assembly of North Carolina enacts:
Section 1.  Notwithstanding the time limitations of G.S. 105-267, if on or before April 15, 1995, an individual or the representative of the estate of a deceased individual demands a refund of the tax paid under Article 4 of Chapter 105 of the General Statutes on federal government retirement benefits for a taxable year beginning on or after January 1, 1985, and before January 1, 1989, that demand shall be timely for the purposes of G.S. 105-267.  The amount of a refund under this section for the 1988 tax year shall be reduced by the total amount of credit allowed the individual under G.S. 105-151.20.  The definitions in G.S. 105-134.1 apply in this section.
Sec. 2.  G.S. 105-151.20 is repealed.
Sec. 3.  This act is effective upon ratification.