NORTH CAROLINA GENERAL ASSEMBLY

1965 SESSION

CHAPTER 895

HOUSE BILL 1039

AN ACT TO PROVIDE FOR THE ALLOCATION OF FUNDS DERIVED FROM THE OPERATION OF LIQUOR CONTROL STORES IN HERTFORD COUNTY.

The General Assembly of North Carolina do enact:

Section 1. Whenever Alcoholic Beverage Control Stores are established and operated in Hertford County, the funds derived from the operation of said stores shall be allocated and disbursed by the County Alcoholic Board of Control as hereinafter provided:

After deducting the amount required to pay all salaries and operating expenses, and after retaining a sufficient and proper working capital, the amount to be determined by the Board, the Hertford County Alcoholic Board of Control shall allocate and disburse, as determined by quarterly audit, the net profits as hereinafter provided:

(a)       Ten per cent (10%) of the net profits shall be expended by the Hertford County Alcoholic Board of Control for law enforcement purposes as provided in G. S. 18-45(15);

Five per cent (5%) shall be expended by the Hertford County Alcoholic Board of Control, in its discretion, for education as to the effects of the use of alcoholic beverages and for the rehabilitation of alcoholics.

(b)       The remaining net profits shall be allocated and disbursed as follows:

Sixty per cent (60%) to the General Fund of Hertford County, to be appropriated for any governmental purpose;

Forty per cent (40%) to be divided among all of the incorporated municipalities in Hertford County as herein provided: Said forty per cent (40%) shall be distributed among the several eligible municipalities of the county in the percentage proportion that the population of each eligible municipality bears to the total population of all eligible municipalities, as indicated by the latest certified Federal Decennial Census.

Sec. 2. All laws and clauses of laws in conflict with this Act are hereby repealed.

Sec. 3. This Act shall be in full force and effect from and after its ratification.

In the General Assembly read three times and ratified, this the 9th day of June, 1965.