A BILL TO BE ENTITLED
AN ACT to expand the sales tax exemption for repair parts and accessories sold to an interstate air business.
The General Assembly of North Carolina enacts:
SECTION 1.  G.S. 105‑164.3(16) reads as rewritten:
"§ 105‑164.3.  Definitions.
The following definitions apply in this Article:
…
(16)	Interstate passenger air carrier. – A person whose primary business is scheduled passenger air transportation, as defined in the North American Industry Classification System adopted by the United States Office of Management and Budget, in interstate commerce or whose primary business is to carry passengers for hire, pursuant to a license issued under Part 135 of Title 14 of the Code of Federal Regulations (e‑CFR, January 10, 2012) by the Federal Aviation Administration, in interstate commerce.…."
SECTION 2.  This act becomes effective July 1, 2012, and applies to purchases made on or after that date.