GENERAL ASSEMBLY OF NORTH CAROLINA

SESSION 2011

SESSION LAW 2012-49

HOUSE BILL 1107

AN ACT amending the division of Alcoholic beverage control profits in granville county.

The General Assembly of North Carolina enacts:

SECTION 1.  Section 1 of Chapter 364 of the 1963 Session Laws of North Carolina, as rewritten by Section 1 of Chapter 91 of the 1965 Session Laws of North Carolina, reads as rewritten:

"Section 1.  Granville County is hereby authorized to divide Alcoholic Beverage Control profits paid into its general fund under Section 18-57 of the General Statutes of North Carolina with certain municipalities in said county in the following proportions: Granville County, fifty-eight per cent (58%),sixty-four and eighty-six hundredths percent (64.86%), City of Oxford, twenty-eight per cent (28%),fourteen and twelve hundredths percent (14.12%), Town of Butner, twelve and sixty-seven hundredths percent (12.67%), Town of Creedmoor, ten per cent (10%),six and eighty-eight hundredths percent (6.88%), Town of Stem, two percent  seventy-seven hundredths (.77%), and the Town of Stovall, two per cent seven-tenths percent (.70%)."

SECTION 2.  This act is effective when it becomes law.

In the General Assembly read three times and ratified this the 21^st day of June, 2012.

                                                                    s/  Walter H. Dalton

                                                                         President of the Senate

                                                                    s/  Thom Tillis

                                                                         Speaker of the House of Representatives