GENERAL ASSEMBLY OF NORTH CAROLINA

SESSION 1995

H	1 

HOUSE BILL 986

Short Title:  Reduce White Goods Tax.	(Public)

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Sponsors: Representative C. Wilson.

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Referred to:  Finance.

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April 24, 1995

A BILL TO BE ENTITLED
AN ACT TO REDUCE THE WHITE GOODS DISPOSAL TAX RATE BY APPROXIMATELY THIRTY-THREE PERCENT.         
The General Assembly of North Carolina enacts:
Section 1.  G.S. 105-187.21 reads as rewritten:
"§ 105-187.21.  (Effective until July 1, 1998) Tax imposed.
A privilege tax is imposed on a white goods retailer at a flat rate for each new white good that is sold by the retailer.  An excise tax is imposed on a new white good purchased outside the State for storage, use, or consumption in this State.  The rate of the privilege tax and the excise tax is three dollars ($3.00) if the new white good does not contain chlorofluorocarbon refrigerants and is seven dollars ($7.00) if the new white good contains chlorofluorocarbon refrigerants.  These taxes are in addition to all other taxes."
Sec. 2.  This act becomes effective July 1, 1995.