GENERAL ASSEMBLY OF NORTH CAROLINA
1989 SESSION
CHAPTER 788
The General Assembly of North Carolina enacts:
Section 1. G.S. 105-446.2(a), as rewritten by Chapter 692 of the 1989 Session Laws, reads as rewritten:
"(a) The North Carolina
Wildlife Resources Commission shall receive one eighth of one percent (1/8
of 1%) one-sixth of one percent (1/6 of 1%) of the net proceeds of
the taxes on motor fuels levied under G.S. 105-434 and deposited in the Highway
Fund. This percentage amount shall be paid in accordance with the
accounting periods as set forth under G.S. 105-440(a). As used in this
section 'net proceeds' means the amount of tax deposited in the Highway Fund
less the amount of any refunds charged to the Highway Fund."
Sec. 2. This act is effective upon ratification and applies to proceeds of taxes levied on or after July 1, 1990.
In the General Assembly read three times and ratified this the 12th day of August, 1989.