GENERAL ASSEMBLY OF NORTH CAROLINA

SESSION 2007

S                                                                                                                                                    D

SENATE DRS85265-MC-94  (3/7)

Short Title:     Sales Tax Relief for School Supplies.		(Public)
Sponsors:	Senator Brown.
Referred to:

A BILL TO BE ENTITLED

AN ACT to modify the sales price limitation on school supplies during the sales tax holiday.

The General Assembly of North Carolina enacts:

SECTION 1.  G.S. 105‑164.13C(a) reads as rewritten:

"(a)      The taxes imposed by this Article do not apply to the following items of tangible personal property if sold between 12:01 A.M. on the first Friday of August and 11:59 P.M. the following Sunday:

(1)       Clothing with a sales price of one hundred dollars ($100.00) or less per item.

(2)       School supplies with a sales price of one hundred dollars ($100.00)one hundred fifty dollars ($150.00) or less per item.

(3)       Computers with a sales price of three thousand five hundred dollars ($3,500) or less per item.

(3a)     Computer supplies with a sales price of two hundred fifty dollars ($250.00) or less per item.

(4)       Sport or recreational equipment with a sales price of fifty dollars ($50.00) or less per item."

SECTION 2.  This act becomes effective July 1, 2007, and applies to sales made on or after that date.