GENERAL ASSEMBLY OF NORTH CAROLINA

SESSION 1993

S	1 

SENATE BILL 1650

Short Title:  Granite Falls ABC Profit Distrib.	(Local)
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Sponsors: Senator Kincaid.
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Referred to:  Local Government and Regional Affairs.
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June 1, 1994

A BILL TO BE ENTITLED
AN ACT TO MODIFY THE DISTRIBUTION OF ALCOHOLIC BEVERAGE CONTROL PROFITS FOR THE TOWN OF GRANITE FALLS.
The General Assembly of North Carolina enacts:
Section 1.  Section 5 of Chapter 546 of the 1963 Session Laws, as amended by Chapter 1054 of the 1973 Session Laws, Chapter 32 of the 1977 Session Laws, and Chapter 32 of the 1979 Session Laws, is further amended:
(1)	In subsection (a) by deleting "Ten per cent (10%) to be given to the Caldwell County Board of Education to be distributed on a per capital basis."; and
(2)	In subsection (d) by deleting "Fifty per cent (50%)" and by substituting "Sixty per cent (60%)".
Sec. 2.  This act becomes effective July 1, 1995.