Repeals GS 105-269.5, (Contribution of income tax refund to Wildlife Conservation Account).

Amends GS 105, Article 9, creating a new section GS 105-269.7 (Contribution by individual of income tax refund), providing that a taxpayer entitled to a refund can elect to contribute all or part of the refund to the Wildlife Conservation Account or to a local school administrative unit. These funds can only be used for the designated purpose and cannot be used to replace current appropriations for the entity.

These contributions are irrevocable upon the filing of an income tax return for the taxable year. If the taxpayer's liability, credits, or payments are changed, the Secretary will first reduce the contribution to the entity that was most recently authorized and then proceed in that order.

The Secretary of Revenue (Secretary) must provide a method for a taxpayer to make a contribution under this section through the income tax form or any other forms or schedules the Secretary deems appropriate.  Instructions on the programs to which a taxpayer can contribute must be provided along with information on how the amount contributed will be used for only designated entities.  Provides that collection by setoff, under GS Chapter 105A, has priority over any contributions made by this section.

Effective for taxable years beginning on or after January 1, 2013.