GENERAL ASSEMBLY OF NORTH CAROLINA

SESSION 2007

S                                                                                                                                                     1

SENATE BILL 1472

 

 

 

 

Short Title:     Revised Dist. of Scrap Tire Disposal Tax.		(Public)
Sponsors:	Senators Albertson;  Allran, Kerr, and Kinnaird.
Referred to:	Finance.

March 26, 2007

A BILL TO BE ENTITLED

AN ACT to Amend the distribution of the proceeds of the scrap tire disposal tax to increase funds allocated to counties for the disposal of scrap tires, to increase funds allocated to the solid waste management trust fund, and to decrease funds allocated to the scrap tire disposal account.

The General Assembly of North Carolina enacts:

SECTION 1.  G.S. 105‑187.19 reads as rewritten:

"§ 105‑187.19.  Use of tax proceeds.

(a)       The Secretary shall distribute the taxes collected under this Article, less the allowance to the Department of Revenue for administrative expenses, in accordance with this section. The Secretary may retain the cost of collection by the Department, not to exceed two hundred twenty‑five thousand dollars ($225,000) a year, as reimbursement to the Department.

(b)       Each quarter, the Secretary shall credit five percent (5%) eight percent (8%) of the net tax proceeds to the Solid Waste Management Trust Fund and shall credit twenty‑seven percent (27%)twenty‑two percent (22%) of the net tax proceeds to the Scrap Tire Disposal Account. The Secretary shall distribute the remaining sixty‑eight percent (68%)seventy percent (70%) of the net tax proceeds among the counties on a per capita basis according to the most recent annual population estimates certified to the Secretary by the State Budget Officer.

(c)       A county may use funds distributed to it under this section only as provided in G.S. 130A‑309.54. A county that receives funds under this section and that has an agreement with another unit of local government under which the other unit of local government provides for the disposal of solid waste for the county shall transfer the amount received under this section to the other unit of local government. A unit of local government to which funds are transferred is subject to the same restrictions on use of the funds as the county."

SECTION 2.  This act becomes effective 1 July 2007.