NORTH CAROLINA GENERAL ASSEMBLY

1961 SESSION

 

 

CHAPTER 1213

HOUSE BILL 1226

 

 

AN ACT TO AMEND ARTICLE 5 OF CHAPTER 105 OF THE GENERAL STATUES BY REPEALING THE TAX ON WHOLESALE SALES.

 

The General Assembly of North Carolina do enact:

 

Section 1.  G.S. 105‑164.3 is hereby amended by rewriting the second sentence of subdivision (23) thereof, as the same now appears in the 1959 Cumulative Supplement to Volume 20 of the General Statutes, to read as follows:

"It shall also include persons making sales of tangible personal property which are defined herein as wholesale sales."

G.S. 105‑164.3 is further amended by striking out the second sentence of subdivision (24) of said Section, as the same appears in the 1959 Cumulative Supplement to Volume 2C of the General Statutes.

Sec. 2.  G.S. 105‑164.5, as the same appears in the 1959 Cumulative Supplement to Volume 2C of the General Statutes, is hereby amended by placing a period after the word "license" in the 9th line of subdivision (1) of said Section and by striking out everything appearing thereafter m said subdivision.

Sec. 3.  G.S. 105‑164.5a is hereby repealed.

Sec. 4.  All laws and clauses of laws in conflict with this Act are hereby repealed.

Sec. 5.  This Act shall be in full force and effect on and after July 1, 1961.

In the General Assembly read three times and ratified, this the 22nd day of June, 1961.