NORTH CAROLINA GENERAL ASSEMBLY

1973 SESSION

 

 

CHAPTER 936

HOUSE BILL 1624

 

AN ACT TO AMEND CHAPTER 195 OF THE 1967 SESSION LAWS TO INCREASE THE PERCENTAGE OF THE NET PROFITS FROM ABC REVENUE TO GO TOWARD LAW ENFORCEMENT IN CONCORD.

 

The General Assembly of North Carolina enacts:

 

Section 1. Section 7 of Chapter 195 of the 1967 Session Laws is hereby amended by deleting the words and figure "five percent (5%)" on the fourth line of that section and inserting in lieu thereof the words and figure "ten percent (10%)".

Sec. 2. This act shall become effective upon ratification.

In the General Assembly read three times and ratified, this the 6th day of March, 1974.