North Carolina § 20-7 - 4. License to Give Trust Fund established.

§ 20-7. 4. License to Give Trust Fund established.

There is established the License to Give Trust Fund. Revenue in the Fund includes amounts credited by the Division as required by law, and other funds. Any surplus in the Fund shall not revert but shall be used for the purposes stated in this section. The Fund shall be kept on deposit with the State Treasurer, as in the case of other State Funds, and may be invested by the State Treasurer in any lawful securities for investment of State funds. The License to Give Trust Fund is subject to oversight by the State Auditor pursuant to Article 5A of Chapter 147 of the General Statutes. The purposes for which funds may be expended by the License to Give Trust Fund Commission from the License to Give Trust Fund are as follows: As grants-in-aid for initiatives that educate about and promote organ and tissue donation and health care decision making at life's end. Expenses of the License to Give Trust Fund Commission as authorized in G.S. 20-7.5. History (2004-189, s. 4(a); 2015-241, s. 27.8(a); 2015-276, s. 6.5.) Editor's Note. - Session Laws 2004-189, s. 5(c), as amended by Session Laws 2005-276, s. 44.1(q), provides: "The Division of Motor Vehicles shall retain a portion of five cents ($0.05) collected for the issuance of each drivers license and duplicate license to offset the actual cost of developing and maintaining the online Organ Donor Internet site established pursuant to Section 1 of this act. The remainder of the five cents ($0.05) shall be credited to the License to Give Trust Fund established under G.S. 20-7.4 and shall be used for the purposes authorized under G.S. 20-7.4 and G.S. 20-7.5 ." Session Laws 2015-276, s. 6.5, repealed Session Laws 2015-241, s. 27.8, which amended this section. Session Laws 2015-276, s. 7, made the repeal effective October 20, 2015, applicable to offenses committed on or after that date, and provides, in part, that "Prosecutions for offenses committed before the effective date of this act are not abated or affected by this act, and the statutes that would be applicable but for this act remain applicable to those prosecutions." Session Laws 2015-276, s. 7, provides: "Sections 1 and 2 of this act become effective December 1, 2015, and apply to offenses committed on or after that date. The remainder of this act is effective when this act becomes law [October 20, 2015] and applies to offenses committed on or after that date. Prosecutions for offenses committed before the effective date of this act are not abated or affected by this act, and the statutes that would be applicable but for this act remain applicable to those prosecutions." Effect of Amendments. - Session Laws 2015-241, s. 27.8(a), effective September 18, 2015, and applicable to grants awarded on or after that date, amended subdivision (b)(1) by inserting "matching" and adding the second and third sentences, which read: "A grant-in-aid provided pursuant to this subdivision shall be matched on the basis of one dollar ($1.00) in grant funds for every one dollar ($1.00) in nongrant funds. Matching funds shall not include other State funds. The Commission shall not provide a grant under this subdivision until the grantee provides evidence satisfactory to the Commission that the grantee has sufficient nongrant funds to match." Session Laws 2015-241, s. 27.8(a), was subsequently repealed by Session Laws 2015-276, s. 6.5, effective October 20, 2015. For applicability, see editor's note.