GENERAL ASSEMBLY OF NORTH CAROLINA
SESSION 1999

SENATE BILL 474
RATIFIED BILL

AN ACT TO MODIFY THE DISTRIBUTION OF THE PROFITS FROM THE HENDERSONVILLE LOCAL ALCOHOLIC BEVERAGE CONTROL SYSTEM.

The General Assembly of North Carolina enacts:

Section 1.  Section 6 of Chapter 954 of the 1955 Session Laws as amended by Section 1 of Chapter 105 of the 1995 Session Laws reads as rewritten:
"Sec. 6.  The net profits derived from the operation of a liquor control store in the City of Hendersonville, after deducting the necessary funds for law enforcement as provided in G.S. 18B-805(c)(2) and after deducting the necessary funds for treatment of alcoholism or substance abuse or for research or education on alcoholism or substance abuse as provided in G.S. 18B-805(c)(3) (but not to exceed twelve percent (12%)), shall be divided as follows:  Fifty per cent (50%) for municipality of Hendersonville.  Twenty-five per cent (25%) to Governing Body of the County of Henderson.  One per cent (1%) to the City Library.  Twenty-four per cent (24%) to the Henderson County Public Schools.  Such funds shall be subject to appropriation by the Governing Bodies of the City of Hendersonville and the County of Henderson for any lawful purpose."
Section 2.  This act is effective when it becomes law.
In the General Assembly read three times and ratified this the 10th day of June, 1999.

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	Dennis A. Wicker
	President of the Senate

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	James B. Black
				eaker of the House of Representatives