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Full NC House gives initial OK to tax bill

BY GARY D. ROBERTSON
Associated Press

RALEIGH, NC (AP) — The North Carolina House has tentatively agreed to a wide-ranging tax bill that caps municipal business privilege taxes and places an excise tax on electronic cigarettes.

The chamber voted 83-35 for the measure Tuesday after a majority turned back an effort to remove the e-cigarette tax from the bill. A final House vote is expected Wednesday before the bill heads to the Senate.

The bill limits local privilege taxes to $100 per year and puts a 5-cent tax on certain-sized cartridges of nicotine inserted into an e-cigarette holder.

Rep. Becky Carney of Charlotte says the House was acting hastily on the e-cigarette tax while federal officials are working on how to regulate them. But bill sponsor Rep. Julia Howard of Mocksville suggested it was better than collecting no excise tax.

(Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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