A BILL TO BE ENTITLED
AN ACT TO AUTHORIZE THE INCLUSION OF FRANCHISE TAX RECEIPTS ALLOCATED TO mILLS RIVER TO BE INCLUDED IN THE BASE AMOUNT USED TO DETERMINE A LOCAL government'S PROPORTIONAL SHARE OF THE SALES TAX DISTRIBUTION FROM VIDEO PROGRAMMING COLLECTIONS.
The General Assembly of North Carolina enacts:
SECTION 1.  This act applies to the Town of Mills River only.
SECTION 2.  G.S. 105‑164.44I(c1) reads as rewritten:
"(c1)	Revised Certification. – If a county or city determines that the amount of cable franchise tax it imposed during the first six months of the 2006‑2007 fiscal year differs from the amount certified to the Secretary under subsection (c) of this section, the county or city may submit a new certification to the Secretary revising the amount. For distributions for quarters beginning on or after July 1, 2008, the base amount for the Town of Mills River is the amount of cable franchise tax and subscriber fee revenue allocated to the town by Henderson County for the period July 1, 2006, through November 30, 2006, and the amount of cable franchise tax and subscriber fee revenue imposed for the month of December 2006."
SECTION 3.  This act is effective when it becomes law.