XVIII. PIPED NATURAL GAS TAX

G.S. 105-187.43 - Clarifying Change: This statute was amended to make it clear that payments of the excise tax on piped natural gas are due monthly and a return is due quarterly. The 1998 General Assembly enacted this new tax, which became effective July 1, 1999. As written, this statute appeared to require a monthly payment and monthly return. The payment and reporting provisions of the new excise tax on piped natural gas were intended to be the same as for the former franchise tax on piped natural gas. Payments of the franchise tax were required monthly and returns were required quarterly.
(Effective July 22, 1999; SB 55, s. 32, S.L. 99-337.)

G.S. 105-187.44 - Clarifying Change: This statute was amended to make it clear that a return for the new piped natural gas excise tax is due quarterly rather than monthly. The reasons for this change are explained in the discussion of the change to G.S. 105-187.43.
(Effective July 22, 1999; SB 55, s. 32, S.L. 99-337.)