GENERAL ASSEMBLY OF NORTH CAROLINA
SESSION LAW 2001-475
AN ACT TO INCREASE THE AMOUNT OF WINE TAX PROCEEDS EARMARKED ANNUALLY FOR THE GRAPE GROWERS COUNCIL.
The General Assembly of North Carolina enacts:
SECTION 1. G.S. 105-113.81A reads as rewritten:
"§ 105-113.81A. Distribution of part of wine taxes attributable to North Carolina wine.
The Secretary shall on a quarterly basis credit to the
Department of Agriculture and Consumer Services ninety-four percent (94%) of
the net proceeds of the excise tax collected on unfortified wine bottled in
North Carolina during the previous quarter and ninety-five percent (95%) of
the net proceeds of the excise tax collected on fortified wine bottled in North
Carolina during the previous quarter, except that the amount credited to the
Department of Agriculture and Consumer Services under this section shall not
exceed one hundred seventy-five thousand dollars ($175,000) three
hundred fifty thousand dollars ($350,000) per fiscal year. The Department
of Agriculture and Consumer Services shall allocate the funds received under
this section to the North Carolina Grape Growers Council to be used to promote
the North Carolina grape and wine industry and to contract for research and
development services to improve viticultural and enological practices in North
Carolina. Any funds credited to the Department of Agriculture and Consumer
Services under this section that are not expended by June 30 of any fiscal year
may not revert to the General Fund, but shall remain available to the
Department for the uses set forth in this section."
SECTION 2. This act becomes effective October 1, 2001, and applies to distributions made on or after that date.
In the General Assembly read three times and ratified this the 20th day of November, 2001.
s/ Beverly E. Perdue
President of the Senate
s/ James B. Black
Speaker of the House of Representatives
s/ Michael F. Easley
Governor
Approved 10:05 p.m. this 29th day of November, 2001