North Carolina § 105-495 - Short title.

§ 105-495. Short title.

This Article shall be known as the Second One-Half Cent ( 1 / 2 › ) Local Government Sales and Use Tax Act. History (1985 (Reg. Sess., 1986), c. 906, s. 1; 2002-123, s. 9(b).) Editor's Note. - Session Laws 1991, c. 689, s. 320(c) provides: "Approval under the Additional Supplemental Local Government Sales and Use Tax Act, Article 42 of Chapter 105 of the General Statutes, of one-half percent (1/2%) local sales and use taxes in addition to the one and one-half percent (11/2%) local sales and use taxes and three percent (3%) States sales and use taxes constitutes approval of one-half percent (1/2%) local sales and use taxes in addition to the one and one-half percent (11/2%) local sales and use taxes and the four percent (4%) State sales and use taxes." Section 352 of Session Laws 1991, c. 689 provides: "Except for statutory changes or other provisions that clearly indicate an intention to have effects beyond the 1991-93 biennium, the textual provisions of Titles I, II and III of this act shall apply only to funds appropriated for and activities, occurring during the 1991-93 biennium." Session Laws 2012-74, s. 7, provides: "For purchases made on or after July 1, 2012, but before July 1, 2013, a company located at a ports facility for waterborne commerce that purchases specialized equipment to be used at the facility to unload or process bulk cargo to make it suitable for delivery to and use by manufacturing facilities is allowed a refund of all local sales and use taxes paid and a portion of State sales and use taxes paid on the purchases as provided in this section. The portion of the State sales and use taxes that may be refunded is equal to the excess of the State sales and use taxes paid over the amount that would have been due had the taxpayer been subject to tax on the eligible property as if it were mill machinery under Article 5F of Chapter 105 of the General Statutes. A request for a refund under this section must be in writing and must include any information and documentation required by the Secretary. A request for a refund under this section must be made on or after July 1, 2013, and is due before January 1, 2014. Refunds applied for after the due date are barred. Taxes for which a refund is allowed under this section are not an overpayment of tax and do not accrue interest as provided in G.S. 105-241.21 ."