A BILL TO BE ENTITLED
AN ACT to delay the implementation of the five‑cent increase in the cigarette tax on JUly 1, 2006.
The General Assembly of North Carolina enacts:
SECTION 1.  Section 34.1(e) of S.L. 2005‑276, reads as rewritten:
"SECTION 34.1.(e)  Subsections (d) and (e) of this section are effective when they become law. Subsection (b) of this section becomes effective July 1, 2007. The remainder of this section becomes effective September 1, 2005. If a final judgment by a court of competent jurisdiction declares that G.S. 143‑16.6, as enacted by this section, is invalid or unenforceable, then the statute is repealed, and any assignment made under it is void. If, as a result of a final judgment, it is determined that G.S. 143‑16.6, as enacted by this section, would subject payments to this State by participating manufacturers under the Master Settlement Agreement, as defined in G.S. 66‑290, to a Non‑Participating Manufacturer Adjustment under Section IX of that Agreement, then G.S. 143‑16.6 is repealed, and any assignment made under it is void."
SECTION 2.  This act is effective when it becomes law.