Bill Text: NC S1183 | 2010 | Regular Session | Amended

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Bill Title: IRC Update

Spectrum: Slight Partisan Bill (Democrat 5-3)

Status: (Introduced - Dead) 2010-05-18 - Ref To Com On Finance [S1183 Detail]

Download: North_Carolina-2010-S1183-Amended.html

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GENERAL ASSEMBLY OF NORTH CAROLINA

SESSION 2009

S                                                                                                                                                     1

SENATE BILL 1183*

 

 

Short Title:        IRC Update.		(Public)
Sponsors:	Senators Stein,  Clodfelter, Blue, Brunstetter, Hartsell, Hoyle, Jenkins, and Tillman.
Referred to:	Finance.

May 18, 2010

A BILL TO BE ENTITLED

AN ACT to update the reference to the internal revenue code used in defining and determining certain state tax provisions.

The General Assembly of North Carolina enacts:

SECTION 1.  G.S. 105‑228.90(b)(1b) reads as rewritten:

"(b)      Definitions. – The following definitions apply in this Article:

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(1b)      Code. – The Internal Revenue Code as enacted as of May 1, 2009, May 1, 2010, including any provisions enacted as of that date which become effective either before or after that date."

SECTION 2.  This act is effective when it becomes law.