2005 North Carolina Code - General Statutes § 120-70.106. Purpose and powers of Committee.

§ 120‑70.106.  Purpose and powers of Committee.

(a)       The Revenue Laws Study Committee may:

(1)       Study the revenue laws of North Carolina and the administration of those laws.

(2)       Review the State's revenue laws to determine which laws need clarification, technical amendment, repeal, or other change to make the laws concise, intelligible, easy to administer, and equitable.

(3)       Call upon the Department of Revenue to cooperate with it in the study of the revenue laws.

(4)       Report to the General Assembly at the beginning of each regular session concerning its determinations of needed changes in the State's revenue laws.

These powers, which are enumerated by way of illustration, shall be liberally construed to provide for the maximum review by the Committee of all revenue law matters in this State.

(b)       The Committee may make interim reports to the General Assembly on matters for which it may report to a regular session of the General Assembly. A report to the General Assembly may contain any legislation needed to implement a recommendation of the Committee. When a recommendation of the Committee, if enacted, would result in an increase or decrease in State revenues, the report of the Committee must include an estimate of the amount of the increase or decrease. (1997‑483, s. 14.1.)