GENERAL ASSEMBLY OF NORTH CAROLINA
1993 SESSION
CHAPTER 12
The General Assembly of North Carolina enacts:
Section 1. G.S. 105-228.90(b)(1) reads as rewritten:
"(1) Code. - The Internal
Revenue Code as enacted as of January 1, 1992, 1993, including
any provisions enacted as of that date which become effective either before or
after that date. "
Sec. 2. G.S. 105-2.1 reads as rewritten:
"§ 105-2.1. Internal Revenue Code definition.
As used in this Article, the term 'Code' means the
Internal Revenue Code as enacted as of January 1, 1992, and includes any
provisions enacted as of that date which become effective either before or
after that date. has the same meaning as in G.S. 105-228.90."
Sec. 3. G.S. 105-33.1(1) reads as rewritten:
"(1) Code. - The
Internal Revenue Code as enacted as of January 1, 1992, including any
provisions enacted as of that date which become effective either before or
after that date. Defined in G.S. 105-228.90."
Sec. 4. G.S. 105-114(b)(1) reads as rewritten:
"(1) The term 'Code' means
the Internal Revenue Code as enacted as of January 1, 1992, and includes any
provisions enacted as of that date which become effective either before or
after that date. has the same meaning as in G.S. 105-228.90."
Sec. 5. G.S. 105-130.2(1) reads as rewritten:
"(1) Code. - The
Internal Revenue Code as enacted as of January 1, 1992, including any
provisions enacted as of that date which become effective either before or
after that date. Defined in G.S. 105-228.90."
Sec. 6. G.S. 105-131(b)(1) reads as rewritten:
"(1) 'Code' means the
Internal Revenue Code as enacted as of January 1, 1992, and includes any
provisions enacted as of that date which become effective either before or
after that date. has the same meaning as in G.S. 105-228.90."
Sec. 7. G.S. 105-134.1(1) reads as rewritten:
"(1) Code. - The
Internal Revenue Code as enacted as of January 1, 1992, including any
provisions enacted as of that date which become effective either before or
after that date. Defined in G.S. 105-228.90."
Sec. 8. G.S. 105-134.6(c)(4) reads as rewritten:
"(4) The amount by which
the taxpayer's standard deduction has been increased for inflation under
section 63(c)(4) of the Code and the amount by which the taxpayer's personal
exemptions have been increased for inflation under section 151(d)(4) 151(d)(4)(A)
of the Code. For the purpose of this subdivision, if the taxpayer's
personal exemptions have been reduced by the applicable percentage under
section 151(d)(3) of the Code, the amount by which the personal exemptions have
been increased for inflation is also reduced by the applicable percentage.
"
Sec. 9. G.S. 105-163.1(1) reads as rewritten:
"(1) Code. - The
Internal Revenue Code as enacted as of January 1, 1992, including any
provisions enacted as of that date which become effective either before or
after that date. Defined in G.S. 105-228.90."
Sec. 10. G.S. 105-163.38(1) reads as rewritten:
"(1) Code. - The
Internal Revenue Code as enacted as of January 1, 1992, including any
provisions enacted as of that date which become effective either before or
after that date. Defined in G.S. 105-228.90."
Sec. 11. G.S. 105-212(f) reads as rewritten:
"(f) As used in this
section, the term 'Code' means the Internal Revenue Code as enacted as of
January 1, 1992, and includes any provisions enacted as of that date which
become effective either before or after that date. has the same meaning
as in G.S. 105-228.90."
Sec. 12. This act is effective for taxable years beginning on or after January 1, 1993.
In the General Assembly read three times and ratified this the 1st day of April, 1993.
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Dennis A. Wicker
President of the Senate
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Daniel Blue, Jr.
Speaker of the House of Representatives