Applicable only to the City of Hendersonville (City), enacts Article 47 to GS Chapter 105. Names the act the “First One-Quarter Cent (1/4¢) Municipal Sales and Use Tax Act.” Subject to voter approval, authorizes the City to levy a one-quarter cent sales and use tax in addition to any other State and local sales and uses taxes levied. Requires that the tax be levied only by resolution and after 10 days of public notice. Sets parameters for an election on the question and provides ballot language. Details administration of the tax. Specifies that the tax levied under Article 47 does not apply to the sales price of food that is exempt from tax pursuant to GS 105-164.13B or to the sales price of a bundled transaction taxable pursuant to GS 105-467(a)(5a). Requires the Secretary of Revenue to distribute the net proceeds collected from the tax to the City monthly, and provides for apportionment in instances where proceeds cannot be identified as attributable to a particular taxing municipality. Specifies that amounts collected by electronic funds transfer payments are included in the monthly distribution in which the return that applies to the payment is received. Authorizes the City to use the net proceeds of the tax for the purposes of public safety, economic development, and public facilities.