A BILL TO BE ENTITLED
AN ACT to extend the sunsets on the quarter cent sales tax and the upper income tax bracket.
The General Assembly of North Carolina enacts:
SECTION 1.  Section 24.1(j) of S.L. 2006‑66 reads as rewritten:
"SECTION 24.1.(j)  Subsection (b) of this section becomes effective December 1, 2006, and applies to sales made on or after that date. Subsections (d), (f), and (h) of this section become effective January 1, 2007, and apply to taxes collected on or after that date. Subsection (c) of this section becomes effective July 1, 2009, and applies to sales made on or after that date. Subsections (e), (g), and (i) of this section become effective July 1, 2009, and apply to taxes collected on or after that date. The remainder of this section is effective when it becomes law."
SECTION 2.  Section 24.2(d) of S.L. 2006‑66 reads as rewritten:
"SECTION 24.2.(d)  Subsection (b) of this section is effective for taxable years beginning on or after January 1, 2007. Subsection (c) of this section is effective for taxable years beginning on or after January 1, 2010. The remainder of this section is effective when it becomes law."
SECTION 3.  This act is effective when it becomes law.