NORTH CAROLINA GENERAL ASSEMBLY

1979 SESSION

CHAPTER 704

HOUSE BILL 1309

AN ACT TO PROVIDE FOR INTEREST UPON CERTAIN TAXES LEVIED IN SCHEDULE B OF THE REVENUE ACT.

The General Assembly of North Carolina enacts:

Section 1.  Chapter 105 of the General Statutes is amended by adding a new section to read as follows:

"§ 105-109.1.  Interest. — With respect to the taxes on gross receipts levied in G.S. 105‑37.1(a), G.S. 105-38(7), G.S. 105-39(c) and G.S. 105-65.1(b)(2), and the tax on installment paper dealers levied in G.S. 105-83(b), all such taxes, including assessments of taxes or additional taxes, shall bear interest from the time such taxes were due to have been paid until paid, at rates established pursuant to G.S. 105‑241.l(i).

Sec. 2.  This act is effective upon ratification.

In the General Assembly read three times and ratified, this the 30th day of May, 1979.