GENERAL ASSEMBLY OF NORTH CAROLINA
1987 SESSION
CHAPTER 299
AN ACT MAKING A TECHNICAL AMENDMENT TO THE REVENUE LAWS.
The General Assembly of North Carolina enacts:
Section 1. G.S. 105-446.2(a) reads as amended:
"(a) The North Carolina
Wildlife Resources Commission shall receive one eighth of one percent (1/8 of
1%) of the net proceeds of the taxes on motor fuels levied under G.S. 105-434
and the same shall be paid in accordance with the accounting periods as set
forth under G.S. 105-446(1) G.S. 105-440(a). As used in
this section 'net proceeds' shall mean the entire tax collected less one cent
(1¢) per gallon nonrebatable tax required to be segregated by Chapter 1250 of
the Session Laws of 1949, as amended by Chapter 46 of the Session Laws of
1965."
Sec. 2. This act is effective upon ratification.
In the General Assembly read three times and ratified this the 8th day of June, 1987.