GENERAL ASSEMBLY OF NORTH CAROLINA
SESSION 2001
H	1
HOUSE BILL 184

 
 
Short Title:	Make Car Tax Progressive.	()	
Sponsors:	Representatives Edwards;  Allen, Cox, Goodwin, Luebke, Insko, and Weiss.	
Referred to:	Finance.	
February 21, 2001

A BILL TO BE ENTITLED
AN ACT TO REMOVE THE HIGHWAY USE TAX LOOPHOLE FOR LUXURY AUTOMOBILES.

The General Assembly of North Carolina enacts:
SECTION 1.  G.S. 105‑187.3(a) reads as rewritten:
"(a)	Amount. – The rate of the use tax imposed by this Article is three percent (3%) of the retail value of a motor vehicle for which a certificate of title is issued. The tax is payable as provided in G.S. 105‑187.4. The tax may not be more than one thousand dollars ($1,000) for each certificate of title issued for a Class A or Class B motor vehicle that is a commercial motor vehicle, as defined in G.S. 20‑4.01. "
SECTION 2.  This act becomes effective July 1, 2001, and applies to certificates of title issued on or after that date.