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NC S793

Bill

Status

Introduced

5/2/2024

Primary Sponsor

William Jackson

Click for details

Origin

Senate

2023-2024 Session

AI Summary

  • Amends G.S. 18B-805 to allow the Jones County Alcoholic Beverage Control Board to make annual distributions of proceeds instead of quarterly distributions
  • Distributions of remaining gross receipts to the general fund shall be made on September 30 of each year rather than each quarter
  • Requires at least 90% of estimated annual distributions to be paid within 30 days of year-end, with adjustments from book closing and audits made with the next annual payment
  • Applies only to Jones County and the Jones County Alcoholic Beverage Control Board
  • Becomes effective upon passage

Legislative Description

Jones ABC Profit Distribution to be Annual

Alcoholic Beverages; Boards; Counties; Local; Local Government; Taxation; Jones County; Tax Distribution; Abc Boards

Last Action

Re-ref to State and Local Government. If fav, re-ref to Rules and Operations of the Senate

5/16/2024

Committee Referrals

State and Local Government5/16/2024
Rules and Operations of the Senate5/6/2024

Full Bill Text

No bill text available