NORTH CAROLINA GENERAL ASSEMBLY

1979 SESSION

CHAPTER 1092

HOUSE BILL 1544

AN ACT TO EXEMPT FROM AD VALOREM TAXATION PERSONAL PROPERTY SHIPPED INTO THIS STATE FOR REPAIR AND THEN RESHIPPED TO THE OWNER OUTSIDE THIS STATE.

The General Assembly of North Carolina enacts:

Section 1.  G.S. 105-275 is amended to add a new subsection to read as follows:

"(25)    Tangible personal property shipped into this State for the purpose of repair, alteration, maintenance or servicing and reshipment to the owner outside this State. This classification shall not include raw materials, supplies, or goods in process of manufacture in this State."

Sec. 2.  This act shall become effective January 1, 1981.

In the General Assembly read three times and ratified, this the 16th day of June, 1980.