North Carolina § 105-187 - 9. Disposition of tax proceeds.

§ 105-187. 9. Disposition of tax proceeds.

Distribution. - Of the taxes collected under this Article at the rate of five percent (5%) and eight percent (8%), the sum of ten million dollars ($10,000,000) shall be credited annually to the Highway Fund, and the remainder shall be credited to the General Fund. Taxes collected under this Article at the rate of three percent (3%) shall be credited to the North Carolina Highway Trust Fund. Repealed by Session Laws 2010-31, s. 28.7(i), and Session Laws 2013-183, s. 4.1, effective July 1, 2013. Repealed by Session Laws 2013-183, s. 4.1, effective July 1, 2013. History (1989, c. 692, s. 4.1; c. 799, s. 33; 1993, c. 321, s. 164(a); 2001-424, s. 34.24(c); 2001-513, s. 15; 2008-107, s. 25.5(a), (c), (e); 2010-31, s. 28.7(f), (h)-(j); 2011-145, ss. 28.33(c), (d); 2011-391, s. 57; 2012-142, s. 24.8(b); 2013-183, s. 4.1; 2017-57, s. 2.2(f); 2019-69, s. 3.) Editor's Note. - Session Laws 2013-183, s. 7.1(b), provided: "This act is effective only if the General Assembly appropriates funds in the Current Operations and Capital Improvements Appropriations Act of 2013 to implement this act." Session Laws 2013-360, s. 34.30, effective July 1, 2013, repealed Session Laws 2013-183, s. 7.1(b). Session Laws 2017-57, s. 2.2(g), made the amendment to subsection (a) of this section by Session Laws 2017-57, s. 2.2(f), effective June 28, 2017, and applicable to taxes collected on or after that date. Session Laws 2017-57, s. 1.1, provides: "This act shall be known as the 'Current Operations Appropriations Act of 2017.'" Session Laws 2017-57, s. 39.6, is a severability clause. Session Laws 2019-69, s. 6, made the amendment to this section by Session Laws 2019-69, s. 3, effective October 1, 2019, and applicable to vehicle subscription agreements entered into on or after that date. Effect of Amendments. - Session Laws 2008-107, s. 25.5(a), effective July 1, 2008, substituted "forty-five million dollars ($145,000,000)" for "seventy million dollars ($170,000,000)" in subdivision (b)(1). Session Laws 2008-107, s. 25.5(c), effective July 1, 2009, substituted "one hundred six million dollars ($106,000,000)" for "one hundred forty-five million dollars ($145,000,000)" in subdivision (b)(1). Session Laws 2008-107, s. 25.5(e), effective July 1, 2010, substituted "seventy-one million dollars ($71,000,000)" for "one hundred six million dollars ($106,000,000)" in subdivision (b)(1). Session Laws 2010-31, s. 28.7(f), effective July 1, 2011, in the introductory paragraph of subsection (b), substituted "General Fund Transfer" for "Transfer" and made a minor punctuation change; in subdivision (b)(1), substituted "forty million dollars ($40,000,000)" for "seventy-one million dollars ($71,000,000)"; and added subsection (c). Session Laws 2010-31, s. 28.7(h), effective July 1, 2012, in subdivision (b)(1), substituted "twenty-six million dollars ($26,000,000)" for "forty million dollars ($40,000,000)"; and in subsection (c), substituted "forty-five million dollars ($45,000,000)" for "thirty-one million dollars ($31,000,000)." Session Laws 2010-31, s. 28.7(i), (j), effective July 1, 2013, deleted subsection (b), relating to "General Land Transfers"; and substituted "fifty-eight million dollars ($58,000,000)" for "forty-five million dollars ($45,000,000)" in the first sentence of subsection (c). Session Laws 2013-183, s. 4.1, effective July 1, 2013, deleted subsections (b) and (c), which pertained to general fund transfer and mobility fund transfer, respectively. Session Laws 2017-57, s. 2.2(f), in subsection (a), in the first sentence, substituted "Of the taxes collected" for "Taxes collected" at the beginning, and inserted ", the sum of ten million dollars ($10,000,000) shall be credited annually to the Highway Fund, and the remainder" near the middle. For effective date and applicability, see editor's note. Session Laws 2019-69, s. 3, inserted "five percent (5%) and" in subsection (a). For effective date and applicability, see editor's note.