NORTH CAROLINA GENERAL ASSEMBLY

1969 SESSION

CHAPTER 100

SENATE BILL 40

AN ACT TO EXEMPT THE NORTH CAROLINA SYMPHONY SOCIETY, INCORPORATED, FROM CERTAIN PRIVILEGE LICENSE TAXES.

The General Assembly of North Carolina do enact:

Section 1.  Article 2 of Chapter 140 of the General Statutes of North Carolina is hereby amended by adding at the end thereof a new section to be designated as "Section 140-10.1" and reading as follows: "Section 140-10.1.  The North Carolina Symphony Society, Incorporated, shall be exempt from all privilege license and gross receipts taxes, whether imposed by Article 2, Schedule B, Chapter 105 of the North Carolina General Statutes, or otherwise."

Sec. 2.  All laws and clauses of laws in conflict with this Act are hereby repealed.

Sec. 3.  This Act shall be in full force and effect from and after its ratification.

In the General Assembly read three times and ratified, this the 19th day of March, 1969.