House committee substitute to the 1st edition makes the following change. Amends Section 5.14 of SL 1985-861 to require the Board of Alcoholic Beverage Control of the City of Concord to distribute the net profits remaining after the payment of all costs and operating expenses as follows: the first 5% for law enforcement, and after retaining working capital, then 25% to Cabarrus County and 75% to Concord (was, required to retain working capital before distributing 5% to law enforcement).
CONCORD/DISTRIBUTION OF ABC NET PROFITS.
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| View NCGA Bill Details | 2023-2024 Session |
AN ACT TO CLARIFY THE DISTRIBUTION OF NET PROFITS FROM THE OPERATION OF THE CITY OF CONCORD ALCOHOLIC BEVERAGE CONTROL BOARD.Intro. by K. Baker, Crutchfield, Staton-Williams.
Status: Ref To Com On Rules and Operations of the Senate (Senate action) (Apr 20 2023)
Bill History:
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Wed, 22 Mar 2023 House: Filed
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Thu, 23 Mar 2023 House: Passed 1st Reading
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Tue, 18 Apr 2023 House: Reptd Fav Com Substitute
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Tue, 18 Apr 2023 House: Re-ref Com On Rules, Calendar, and Operations of the House
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Tue, 18 Apr 2023 House: Reptd Fav
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Tue, 18 Apr 2023 House: Cal Pursuant Rule 36(b)
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Tue, 18 Apr 2023 House: Placed On Cal For 04/19/2023
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Wed, 19 Apr 2023 House: Passed 2nd Reading
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Wed, 19 Apr 2023 House: Passed 3rd Reading
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Thu, 20 Apr 2023 House: Regular Message Sent To Senate
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Thu, 20 Apr 2023 Senate: Regular Message Received From House
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Thu, 20 Apr 2023 Senate: Passed 1st Reading
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Thu, 20 Apr 2023 Senate: Ref To Com On Rules and Operations of the Senate
H 454
Bill Summaries:
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Bill H 454 (2023-2024)Summary date: Apr 18 2023 - View Summary
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Bill H 454 (2023-2024)Summary date: Mar 22 2023 - View Summary
Amends Section 5.14 of SL 1985-861 to require the Board of Alcoholic Beverage Control of the City of Concord to distribute the net profits remaining after the payment of all costs and operating expenses, and after retaining working capital, with the first 5% (was, 15%) for law enforcement, and of the remaining balance, 25% to Cabarrus County and 75% to Concord.
View: All Summaries for Bill