Important Dates of Compliance |
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NCRMA takes seriously its job of legislative protection. As new laws and regulations are passed that affect merchants in North Carolina, NCRMA staff takes the time to provide in-depth explanations in layman’s terms. Check here for dates of compliance on new laws, rules and regulations that are passed during the 2005 legislative session. We also offer below an archive of important dates of compliance for 2004.
2005
December 2005 ID Theft Law -- Of all the legislation enacted by the 2005 North Carolina General Assembly, perhaps no piece of legislation will create more duties or change business operations more than Senate Bill 1048 - Identity Theft Protection Act of 2005. Click here for in-depth review of law and how it affects retailers.
July 2005 Credit Card Law -- Under a law that takes effect July 1st businesses in North Carolina that use electronic credit card machines will not be allowed to print more than five digits of the card number on customers' receipts. Read more.
April 1 2005 COOL --
Retailers who sell unprocessed, fresh and frozen seafood must comply with new labeling and recordkeeping regulations on April 4, 2005. That's when the U.S. Department of Agriculture's (USDA's) mandatory country of origin labeling regulations take effect. Read more.
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March 2004. Credit Card Law to Take Effect
In response to a dramatic increase in identity theft cases in North Carolina, the 2003 North Carolina General Assembly passed legislation last summer regulating the information a merchant can print on a credit card receipt. The first part of this law goes into effect on March 1, 2004. The law states that any machine that is put into use after March 1, 2004 will neither be allowed to print more than five numbers of a customer’s credit card account nor the expiration date on a receipt. Additionally, after March 1, 2004 it is illegal to sell a machine that does not comply with North Carolina law. Click here for questions and answers that should help you come into compliance with this law.
Feb. 2004. Youth Employment Rules Change
January 2004. Candy Exempt from State Sales and Use Tax
Effective January 1, 2004, all candy -- for immediate or home consumption -- is exempt from the state sales and use tax. Candy will still be subject to the 2% local sales and use tax. Please Note: The December 1, 2003 edition of the Retailer erroneously stated that although all candy is exempt from the state sales and use tax effective January 1, 2004, “candy will still be subject to the 2.5% local sales and use tax except in Mecklenburg County, where it is 3%." We regret the error and apologize for any inconvenience. Read the complete corrected article.
December 2003. Adulterated Food, Drug and Cosmetics Law
A new will allow The North Carolina Department of Agriculture to fine stores up to $2,000 per day for selling adulterated or misbranded food, drugs and cosmetics. Stores can learn how to comply with this new law by reading How Do I Comply With North Carolina's Adulterated Food Law?
December 2003. Food Facilities Must Register with the U.S. FDA
On October 10, 2003 the United States Food and Drug Administration (FDA) adopted an interim final regulation entitled "Registration of Food Facilities." This regulation was adopted in response to the Public Health Security and Bioterrorism Preparedness and Response Act of 2002. The FDA believes that this registration will allow the FDA to quickly react in the event of a bioterrorism threat to the nation's food supply. Read Q&As on interim regulation.
October 2003. NC Do Not Call Law
As of October 1, 2003, businesses are prohibited from calling North Carolina consumers who placed their telephone numbers on the National Do Not Call List by August 31. Businesses that call numbers on the list will be assessed an $11,000 fine per call by the Federal Trade Commission and a $500 fine per call by the NC Attorney General's Office. To learn more, please read How Do I Comply With North Carolina's "Do Not Call" Law?
October 2003. NC Dept. of Revenue Issues Directive on Sales and Use Tax on Worthless Account.
Often the North Carolina Department of Revenue issues Directives to better explain the Department's interpretation of specific North Carolina tax laws. On October 15, 2003 the Department issued a Directive summarizing how sales and use tax should be calculated when a worthless account is written off and sales and use tax has previously been paid. Read the Directive.
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