GENERAL ASSEMBLY OF NORTH CAROLINA
SESSION 2001
H	2
HOUSE BILL 748*
 Committee Substitute Favorable 11/13/01 

Short Title:	Vehicle Tax Cap Transition.	()	
Sponsors:	     	
Referred to:	     	
March 22, 2001

A BILL TO BE ENTITLED
AN ACT TO PROVIDE TRANSITIONAL PROVISIONS FOR THE REPEAL OF THE HIGHWAY USE TAX CAP ON NONCOMMERCIAL MOTOR VEHICLES.

The General Assembly of North Carolina enacts:
SECTION 1.  Section 34.24(f) of S.L. 2001‑424 reads as rewritten:
"SECTION 34.24(f)  Subsection (c) of this section is effective on and after July 1, 2001. The remainder of this section becomes effective October 1, 2001, and applies to certificates of title issued on or after that date.
Subsection (a) of this section does not apply to a certificate of title issued as the result of a purchase of a vehicle if the purchase was made before October 1, 2001, or was made pursuant to a contract entered into or awarded before October 1, 2001."
SECTION 2.  This act becomes effective July 1, 2001.