NORTH CAROLINA GENERAL ASSEMBLY

1973 SESSION

CHAPTER 912

HOUSE BILL 1474

AN ACT TO AMEND G.S. 105-60 TO EXCUSE DAY-CARE FACILITIES HAVING A TAX EXEMPT STATUS FROM PAYING THE PRIVILEGE LICENSE TAX FEE.

The General Assembly of North Carolina enacts:

Section 1. G.S. 105-60 as the same appears in the 1972 Replacement Volume 2D of the General Statutes is hereby amended by striking the period appearing at the end thereof and adding the following proviso:

"; provided any day-care operation having a tax exempt status under the provisions of G.S. 105-125 and G.S. 105-130.11 is also exempt from paying the privilege license tax fees."

Sec. 2.  This act shall become effective July 1, 1974.

In the General Assembly read three times and ratified, this the 4th day of March, 1974.