NORTH CAROLINA GENERAL ASSEMBLY

1981 SESSION

CHAPTER 351

HOUSE BILL 653

AN ACT TO REWRITE G.S. 113-36 RELATING TO THE PROCEEDS FROM THE SALE OF MATERIALS FROM THE STATE FORESTS.

The General Assembly of North Carolina enacts:

Section 1. G.S. 113-36 is rewritten to read as follows:

"§ 113-36. Applications of proceeds from sale of products. - (a) Application of proceeds generally. Except as provided in subsection (b) of this section, all money received from the sale of wood, timber, minerals, or other products from the State forests shall be paid into the State treasury and to the credit of the Department of Natural Resources and Community Development; and such money shall be expended in carrying out the purposes of this Article and of forestry in general, under the direction of the Secretary, Department of Natural Resources and Community Development.

(b)        Tree Cone and Seed Purchase Fund. A percentage of the money obtained from the sale of seedlings and remaining unobligated at the end of a fiscal year, shall be placed in a special, continuing and nonreverting Tree Cone and Seed Purchase Fund under the control and direction of the Secretary, Department of Natural Resources and Community Development. The percentage of the sales placed in the fund shall not exceed ten percent (10%). At the beginning of each fiscal year, the secretary shall select the percentage for the upcoming fiscal year depending upon the anticipated costs of tree cones and seeds which the department must purchase. Money in this fund shall not be allowed to accumulate in excess of the amount needed to purchase a four-year supply of tree cones and seed, and shall be used for no purpose other than the purchase of tree cones and seeds."

Sec. 2. This act shall become effective July 1, 1981.

In the General Assembly read three times and ratified, this the 11th day of May, 1981.