GENERAL ASSEMBLY OF NORTH CAROLINA
SESSION 2001

SESSION LAW 2001-517
HOUSE BILL 1388

AN ACT TO EXTEND THE SUNSET ON THE STATE PORTS TAX CREDIT.

The General Assembly of North Carolina enacts:

SECTION 1.  Section 4 of Chapter 977 of the 1991 Session Laws, as amended by Section 3 of Chapter 495 of the 1995 Session Laws and by Section 29.1 of S.L. 1997‑443, reads as rewritten:
"Sec. 4. This act is effective for taxable years beginning on or after March 1, 1992, and expires for taxable years beginning on or after January 1, 2003."
SECTION 2.  Section 4 of Chapter 681 of the 1993 Session Laws, as amended by Section 17 of Chapter 17 of the 1995 Session Laws, by Section 4 of Chapter 495 of the 1995 Session Laws, and by Section 29.1 of S.L. 1997‑443, reads as rewritten:
"Sec. 4. This act is effective for taxable years beginning on or after January 1, 1994, and expires for taxable years beginning on or after January 1, 2003."
SECTION 3.  This act is effective for taxable years beginning on or after March 2, 2000.
In the General Assembly read three times and ratified this the 4th day of December, 2001.

	s/	 Beverly E. Perdue
	 President of the Senate

	s/	 James B. Black
	 Speaker of the House of Representatives

	s/	 Michael F. Easley
	 Governor

Approved 4:41 p.m. this 4th day of January, 2002