Friday, August 22 2014 1:37 AM EDT2014-08-22 05:37:37 GMT
Malaysia is preparing to receive the bodies and ashes of 20 of its citizens killed when Malaysian Airlines Flight 17 was shot down over Ukraine in July.More >>
The bodies and ashes of 20 Malaysians killed when Malaysia Airlines Flight 17 was shot down over Ukraine in July arrived home on Friday, the first day of national mourning in the country's history.More >>
Friday, August 22 2014 12:32 AM EDT2014-08-22 04:32:27 GMT
The founder of a Montgomery boot camp billed as a military style training program for at risk students is under arrested and charged with two counts of sexual abuse of a child.More >>
He uses tough love and a military style approach to keep kids in Montgomery out of trouble but now, the founder of a local discipline academy has found himself in trouble with the law. Glenn Veasy is facing sexual abuse allegations involving one of the teens in his boot camp. More >>
Thursday, August 21 2014 11:48 PM EDT2014-08-22 03:48:02 GMT
Central Alabama Veterans Health Care System Director James Talton and Chief of Staff Dr. Cliff Robinson have been placed on administrative leave, VA Southeast Network Director Charles Sepich announcedMore >>
Central Alabama Veterans Health Care System Director James Talton and Chief of Staff Dr. Cliff Robinson have been placed on administrative leave, VA Southeast Network Director Charles Sepich announced Thursday.More >>
Thursday, August 21 2014 11:44 PM EDT2014-08-22 03:44:32 GMT
It's been a quieter night in Ferguson, Missouri. Some demonstrators returned to the streets Wednesday evening to protest the fatal shooting of a black 18-year-old by a white officer, but in diminished numbers.More >>
Gov. Jay Nixon on Thursday ordered the Missouri National Guard to begin withdrawing from Ferguson, where nightly scenes of unrest have erupted since a white police officer fatally shot an unarmed black 18-year-old nearly...More >>
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.
Here are some of the proposed changes in a wide-ranging tax bill given tentative approval Tuesday:
- Replaces current system of local privilege license taxes with a tax in which towns and cities can charge no more than $100 per business per year. The base for such taxes also would be broadened so more entities would be taxed. The authority of counties to collect similar privilege taxes would be repealed.
- Simplifies calculations for a deduction that corporations can take on a net economic loss.
- Clarifies how farmers can obtain certificates exempting their operations from sales taxes for agricultural purchases.
- Clarifies $20,000 deduction limit for mortgage interest expense and property taxes approved in 2013 tax overhaul law applies to cumulative deduction of married couple.
- Makes clear sales taxes on university meal plans purchased by students are assessed on the upfront cost of the plans.
- Changes 2013 law creating a combined 6.75 percent sales tax on admissions to live events, movies and other attractions. Exemptions for agricultural fairs and state attractions are repealed. Exemptions are changed to apply to events sponsored by an elementary or secondary school and by nonprofits that compensate neither workers nor performers.
- Makes clear private residences and cottages rented for fewer than 15 days listed with a real estate broker or agent is subject to sales and occupancy taxes. The section would take effect June 1, just before the U.S. Open and U.S. Women's Open is held in Pinehurst.
- Reduces the 4.75 percent state sales tax on manufactured and modular homes that took effect in January by subjecting only half of sales price to the tax.
- Requires an Alcoholic Beverage Control permit applicants to have filed all state tax returns and payments to receive and retain a license.
- Increases the fee that private license plate agents receive from the state for collecting property tax under a new program requiring that the tax and vehicle license tag fees be collected together.
- Creates an excise tax of 5 cents per milliliter of the liquid used in e-cigarette cartridges and prohibits the use of e-cigarettes in state correctional facilities.
- Allows again the University of North Carolina and East Carolina University health system to collect long outstanding patient debts by tapping into state tax refunds and lottery winnings. Those options were repealed in 2013.
Source: House Bill 1050, summary of portions of bill created by House Finance Committee counsel.
(Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
Thursday, August 21 2014 7:37 AM EDT2014-08-21 11:37:34 GMT
Republican leaders in the General Assembly say they have reached a compromise deal on implementing new coal ash regulations, and forcing Duke Energy to close all 33 of its coal ash ponds across North Carolina. AccordingMore >>
House and senate lawmakers in the NC General Assembly passed a bill mandating cleanup of all Duke Energy coal ash ponds by the year 2029. The action follows a massive spill of coal ash into the Dan River in February from a company site in Eden. You can click on a link inside this story to see the specifics of the bill, which is now headed to the Governor's desk.More >>
Wednesday, August 20 2014 11:27 PM EDT2014-08-21 03:27:44 GMT
During a swearing-in ceremony Wednesday afternoon, Wilmington attorney Michael Lee became a state senator until January, although he hopes the upcoming election will extend his tenure. Lee is finishingMore >>
During a swearing-in ceremony Wednesday afternoon, Wilmington attorney Michael Lee became a state senator until January, although he hopes the upcoming election will extend his tenure.More >>
Monday, August 18 2014 9:51 PM EDT2014-08-19 01:51:31 GMT
The Film and Entertainment Grant Fund proposal will go back in front of state lawmakers tomorrow and Wednesday, after House and Senate conferees made slight changes to the proposal already approved inMore >>
It appears lawmakers are moving forward with a grant fund that will replace the current Film Incentive Tax Credit that has been in place to lure film and television productions to North Carolina.More >>
Monday, August 18 2014 5:30 PM EDT2014-08-18 21:30:44 GMT
Governor Pat McCrory is appointing Senior Associate Justice Mark Martin as the new Chief Justice of North Carolina's Supreme Court. Judge Martin will replace the current Chief Justice, Sarah Parker, whoMore >>
Governor Pat McCrory's decision to elevate Senior Associate Justice Mark Martin to be the new Chief Justice of the North Carolina Supreme Court is being met with criticism from Judge Ola Lewis of Brunswick County, who is opposing Martin for the seat in the November General Election.More >>
Friday, August 15 2014 10:48 PM EDT2014-08-16 02:48:04 GMT
North Carolina legislators failed to complete their primary work session for the year because House members couldn't agree quickly to work through bills that address economic incentives, local sales taxesMore >>
Some House Republicans joined Democrats Friday, opposing a move to bring up a sales tax and economic development bill to the floor for a vote. The defeat forced leaders to schedule a Monday session.More >>
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