GENERAL ASSEMBLY OF NORTH CAROLINA
SESSION 2001
H	1
HOUSE BILL 1443
     

 
Short Title:	Support Education/Modify Tax Expenditures.	()	
Sponsors:	Representative Luebke.	
Referred to:	Rules, Calendar, and Operations of the House.	
May 10, 2001

A BILL TO BE ENTITLED
AN ACT TO MODIFY STATE TAX EXPENDITURES TO SUPPORT EDUCATION AND TO PROVIDE FOR A MORE EFFICIENT AND EQUITABLE TAX SYSTEM.

The General Assembly of North Carolina enacts:
SECTION 1.  The tax laws of North Carolina are amended to modify State tax expenditures to provide for a more efficient and equitable tax system. It is the intent of the General Assembly that any savings to the General Fund as a result of this act be applied to public education needs.
SECTION 2.  This act becomes effective for taxable years beginning on or after January 1, 2002.