A BILL TO BE ENTITLED
AN ACT to allow a refund of the tax paid on stale or otherwise unsalable tobacco products.
The General Assembly of North Carolina enacts:
SECTION 1.  Part 3 of Article 2A of Chapter 105 of the General Statutes is amended by adding a new section to read:
"§ 105‑113.39A.  Refund.
A distributor in possession of packages of stale or otherwise unsalable tobacco products upon which the tax has been paid under this Part may return the tobacco products to the manufacturer and apply to the Secretary for refund of the tax. The application shall be in the form prescribed by the Secretary and shall be accompanied by an affidavit from the manufacturer stating the return date, a description of the returned products, the amount of the returned product, and the cost price of the tobacco products returned to the manufacturer by the applicant. The Secretary shall refund the tax paid on the unsalable tobacco products."
SECTION 2.  This act becomes effective July 1, 2004.