AN ACT to repeal the North Carolina Drug Tax.

The General Assembly of North Carolina enacts:

SECTION 1.  Article 2D of Subchapter I of Chapter 105 of the General Statutes is repealed.

SECTION 2.  This act does not affect the rights or liabilities of the State, a taxpayer, or another person arising under a statute amended or repealed by this act before the effective date of its amendment or repeal; nor does it affect the right to any refund or credit of a tax that accrued under the amended or repealed statute before the effective date of its amendment or repeal.

SECTION 3.  This act is effective when it becomes law.