State Codes and Statutes

Statutes > North-carolina > Chapter_105 > GS_105-507_3

§ 105‑507.3. Distribution and use of taxes.

(a)        Distribution. – TheSecretary shall, on a monthly basis, allocate to each taxing county the netproceeds of the tax levied under this Part by that county. If the Secretarycollects taxes under this Part in a month and the taxes cannot be identified asbeing attributable to a particular taxing county, the Secretary shall allocatethese taxes among the taxing counties, in proportion to the amount of taxescollected in each county under this Part in that month and shall include themin the monthly distribution.

The Secretary shall distributethe net proceeds of the tax levied by a county on a per capita basis among thecounty and the units of local government in the county that operate publictransportation systems. No proceeds shall be distributed to a county that doesnot operate a public transportation system or to a unit of local governmentthat does not operate a public transportation system.

(b)        Use. – A countymust allocate the net proceeds distributed to it in accordance with itsfinancial plan adopted pursuant to G.S. 105‑507 and use the net proceedsonly for financing, constructing, operating, and maintaining local publictransportation systems. Any other unit of local government may use the netproceeds distributed to it under this Part only for financing, constructing,operating, and maintaining local public transportation systems. Every unit ofgovernment shall use the net proceeds to supplement and not to supplant orreplace existing funds or other resources for public transportation systems.  (1997‑417, s. 1; 2001‑427,s. 13(f); 2009‑527, s. 2(a), (b).)

State Codes and Statutes

Statutes > North-carolina > Chapter_105 > GS_105-507_3

§ 105‑507.3. Distribution and use of taxes.

(a)        Distribution. – TheSecretary shall, on a monthly basis, allocate to each taxing county the netproceeds of the tax levied under this Part by that county. If the Secretarycollects taxes under this Part in a month and the taxes cannot be identified asbeing attributable to a particular taxing county, the Secretary shall allocatethese taxes among the taxing counties, in proportion to the amount of taxescollected in each county under this Part in that month and shall include themin the monthly distribution.

The Secretary shall distributethe net proceeds of the tax levied by a county on a per capita basis among thecounty and the units of local government in the county that operate publictransportation systems. No proceeds shall be distributed to a county that doesnot operate a public transportation system or to a unit of local governmentthat does not operate a public transportation system.

(b)        Use. – A countymust allocate the net proceeds distributed to it in accordance with itsfinancial plan adopted pursuant to G.S. 105‑507 and use the net proceedsonly for financing, constructing, operating, and maintaining local publictransportation systems. Any other unit of local government may use the netproceeds distributed to it under this Part only for financing, constructing,operating, and maintaining local public transportation systems. Every unit ofgovernment shall use the net proceeds to supplement and not to supplant orreplace existing funds or other resources for public transportation systems.  (1997‑417, s. 1; 2001‑427,s. 13(f); 2009‑527, s. 2(a), (b).)


State Codes and Statutes

State Codes and Statutes

Statutes > North-carolina > Chapter_105 > GS_105-507_3

§ 105‑507.3. Distribution and use of taxes.

(a)        Distribution. – TheSecretary shall, on a monthly basis, allocate to each taxing county the netproceeds of the tax levied under this Part by that county. If the Secretarycollects taxes under this Part in a month and the taxes cannot be identified asbeing attributable to a particular taxing county, the Secretary shall allocatethese taxes among the taxing counties, in proportion to the amount of taxescollected in each county under this Part in that month and shall include themin the monthly distribution.

The Secretary shall distributethe net proceeds of the tax levied by a county on a per capita basis among thecounty and the units of local government in the county that operate publictransportation systems. No proceeds shall be distributed to a county that doesnot operate a public transportation system or to a unit of local governmentthat does not operate a public transportation system.

(b)        Use. – A countymust allocate the net proceeds distributed to it in accordance with itsfinancial plan adopted pursuant to G.S. 105‑507 and use the net proceedsonly for financing, constructing, operating, and maintaining local publictransportation systems. Any other unit of local government may use the netproceeds distributed to it under this Part only for financing, constructing,operating, and maintaining local public transportation systems. Every unit ofgovernment shall use the net proceeds to supplement and not to supplant orreplace existing funds or other resources for public transportation systems.  (1997‑417, s. 1; 2001‑427,s. 13(f); 2009‑527, s. 2(a), (b).)