NC S217

Changes the 8% highway use tax on short-term motor vehicle leases and rentals from being credited to the General Fund to the Highway Fund, effective July 1, 2015.

Annually appropriates $35,000,000 from the Highway Fund to the North Carolina State Ports Authority for capital improvements to port infrastructure and facilities, beginning in fiscal year 2015-2016.

Annually appropriates $21,000,000 from the Highway Fund to the Division of Aviation of the Department of Transportation for capital improvements to public airports and aviation projects supporting economic development, beginning in fiscal year 2015-2016.

Continues existing distribution of the 3% tax rate under the same article to the North Carolina Highway Trust Fund without changes.