A BILL TO BE ENTITLED
AN ACT to increase the percentage withheld for administrative costs from the fees collected pursuant to G.S. 20‑183.7 for administration of the Rescue squad WorkerS' Relief Fund.
The General Assembly of North Carolina enacts:
SECTION 1.  G.S. 55‑88‑30 reads as rewritten:
"§ 58‑88‑30.  Administration costs.
The Association shall withhold twelve percent (12%) from the money received pursuant to G.S. 20‑183.7(c) for the administration of the Fund. The Commissioner of Insurance shall withhold two percent (2%) from the money received pursuant to G.S. 20‑183.7(c) for the administration of the Fund."
SECTION 2.  This act becomes effective October 1, 2008.