Bill Summary for S 263 (2015-2016)

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Summary date: 

Mar 11 2015

Bill Information:

View NCGA Bill Details2015-2016 Session
Senate Bill 263 (Local) Filed Wednesday, March 11, 2015
AN ACT TO PROVIDE PERMANENT FUNDS FOR THE PUBLIC HEALTH AUTHORITY OF CABARRUS COUNTY.
Intro. by Hartsell.

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Bill summary

Requires, of the net proceeds of the tax to be distributed to Cabarrus County for taxes levied under Article 39 (first one cent of local government sales and use tax) of Chapter 105 of the General Statutes, the Secretary of Revenue is to distribute each month to the Public Health Authority of Cabarrus County an amount equal to the product of multiplying $2.22 by the number of residents within the county. Effective July 1, 2015.