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May 21, 2014 at 10:29 PM
NC House passes tax bill that targets e-cigarettes
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The North Carolina House passed a tax bill that includes provisions for electronic cigarettes.

The bill, which passed by an 84-29 vote with little discussion on Wednesday, taxes the nicotine liquid in e-cigarettes at 5 cents per milliliter, much lower than the 45-cent tax on a pack of cigarettes.

The bill also caps the rate at which municipalities can tax businesses at $100 per year. But it allows more kinds of businesses to be taxed. The authority of counties to collect similar privilege taxes would be repealed. The bill also changes a 2013 law creating a combined 6.75 percent tax on admission to live events, and allows state fairs and state attractions to be taxed too.

It now goes to the Senate.

 

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