SENATE BILL 1220
AN ACT TO AMEND CHAPTER 546, SESSION LAWS OF 1963, TO DETERMINE THE DISTRIBUTION OF CERTAIN INCOME FROM THE BEVERAGE CONTROL STORES OF THE TOWN OF GRANITE FALLS.
The General Assembly of North Carolina enacts:
Section 1. Chapter 546 of the Session Laws of 1963 is amended in Section 5 thereof, by deleting, on line 8, the word "not".
Sec. 2. Chapter 546 of the Session Laws of 1963 is further amended by striking subsection (c) of Section 5 thereof and substituting in lieu thereof the following:
"(c) Thirty percent (30%) to be given to the schools in the Granite Falls District to be distributed by the governing body of the Town of Granite Falls."
Sec. 3. This act shall become effective upon ratification.
In the General Assembly read three times and ratified, this the 29th day of March, 1974.