State Codes and Statutes

Statutes > North-carolina > Chapter_105 > GS_105-129_25

Article3C.

Tax Incentives ForRecycling Facilities.

§ 105‑129.25. Definitions.

The following definitionsapply in this Article:

(1)        Reserved.

(2)        Reserved.

(3)        Large recyclingfacility. – A recycling facility that qualifies under G.S. 105‑129.26(b).

(4)        Machinery andequipment. – Engines, machinery, tools, and implements used or designed to beused in the business for which the credit is claimed. The term does not includereal property as defined in G.S. 105‑273 or rolling stock as defined inG.S. 105‑333.

(5)        Major recyclingfacility. – A recycling facility that qualifies under G.S. 105‑129.26(a).

(6)        Owner. – A personwho owns or leases a recycling facility.

(7)        Post‑consumerwaste material. – Any product that was generated by a business or consumer, hasserved its intended end use, and has been separated from the solid waste streamfor the purpose of recycling. The term includes material acquired by arecycling facility either directly or indirectly, such as through a broker oran agent.

(8)        Purchase. – Definedin section 179 of the Code.

(9)        Recycling facility.– A manufacturing plant at least three‑fourths of whose products are madeof at least fifty percent (50%) post‑consumer waste material measured byweight or volume. The term includes real and personal property located at or onland in the same county and reasonably near the plant site and used to performbusiness functions related to the plant or to transport materials and productsto or from the plant. The term also includes utility infrastructure andtransportation infrastructure to and from the plant. (1998‑55,s. 12.)

State Codes and Statutes

Statutes > North-carolina > Chapter_105 > GS_105-129_25

Article3C.

Tax Incentives ForRecycling Facilities.

§ 105‑129.25. Definitions.

The following definitionsapply in this Article:

(1)        Reserved.

(2)        Reserved.

(3)        Large recyclingfacility. – A recycling facility that qualifies under G.S. 105‑129.26(b).

(4)        Machinery andequipment. – Engines, machinery, tools, and implements used or designed to beused in the business for which the credit is claimed. The term does not includereal property as defined in G.S. 105‑273 or rolling stock as defined inG.S. 105‑333.

(5)        Major recyclingfacility. – A recycling facility that qualifies under G.S. 105‑129.26(a).

(6)        Owner. – A personwho owns or leases a recycling facility.

(7)        Post‑consumerwaste material. – Any product that was generated by a business or consumer, hasserved its intended end use, and has been separated from the solid waste streamfor the purpose of recycling. The term includes material acquired by arecycling facility either directly or indirectly, such as through a broker oran agent.

(8)        Purchase. – Definedin section 179 of the Code.

(9)        Recycling facility.– A manufacturing plant at least three‑fourths of whose products are madeof at least fifty percent (50%) post‑consumer waste material measured byweight or volume. The term includes real and personal property located at or onland in the same county and reasonably near the plant site and used to performbusiness functions related to the plant or to transport materials and productsto or from the plant. The term also includes utility infrastructure andtransportation infrastructure to and from the plant. (1998‑55,s. 12.)


State Codes and Statutes

State Codes and Statutes

Statutes > North-carolina > Chapter_105 > GS_105-129_25

Article3C.

Tax Incentives ForRecycling Facilities.

§ 105‑129.25. Definitions.

The following definitionsapply in this Article:

(1)        Reserved.

(2)        Reserved.

(3)        Large recyclingfacility. – A recycling facility that qualifies under G.S. 105‑129.26(b).

(4)        Machinery andequipment. – Engines, machinery, tools, and implements used or designed to beused in the business for which the credit is claimed. The term does not includereal property as defined in G.S. 105‑273 or rolling stock as defined inG.S. 105‑333.

(5)        Major recyclingfacility. – A recycling facility that qualifies under G.S. 105‑129.26(a).

(6)        Owner. – A personwho owns or leases a recycling facility.

(7)        Post‑consumerwaste material. – Any product that was generated by a business or consumer, hasserved its intended end use, and has been separated from the solid waste streamfor the purpose of recycling. The term includes material acquired by arecycling facility either directly or indirectly, such as through a broker oran agent.

(8)        Purchase. – Definedin section 179 of the Code.

(9)        Recycling facility.– A manufacturing plant at least three‑fourths of whose products are madeof at least fifty percent (50%) post‑consumer waste material measured byweight or volume. The term includes real and personal property located at or onland in the same county and reasonably near the plant site and used to performbusiness functions related to the plant or to transport materials and productsto or from the plant. The term also includes utility infrastructure andtransportation infrastructure to and from the plant. (1998‑55,s. 12.)