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04/15/98 11:39 $919 733 1065 XCACC -GENERAL ASSEMBLY OF NORTH CAROLINA SESSION 1997 Jw w V-6" _ 'oners must L4 days' l ce of its intent to adopt the 2 solution 'aiid miist -hold a-iublic`hearing on the ssuc of - adogng the resolution. 3 0 1 5=528: 4 Administra on 'of fazes. 4 ; ]arcept^as provided in' Lhi Article, the adoption, bevy, coIlgction. adminstr,ation. W: 5 and repeal of the additional taxes autholjZ by this Article shall be in accordance 6 .wi Article 39 of - this Chaflter. In ap�tiviney the provisions - of Article 39 of this lx QApter to this A tficle: references to is Article' mean `Article 44 of Chapter 145 of 8 tb General t 9 ` `:,`-A 91 Ievied under this Article does not ggply to the sales 2ricl-Qf price-Q food that is not 10 erwise exem tp from W,_ttursuant to - S. 105-164.13 but wo uld be exempt from 11 tiie S to sal s and use tax pursu nt to G.S. 105 - 164.13 if it were nurcbased with 12 • — issued under the Food Stamp Erggram, 7 U"S_ -C. & 51. . 13 "4 105 -329. Expiration, 14 A tax levied under JWs Article expires 10 years after the effective date of its lew 15 A county's authorization to levv a tae under this Article eapir a 10 years after the 16 effective date of the first tax a county levies under this Article 'even if the tax has not .17.- d i a effect `for the entire 10,-Year period. The a irgon of a tax pursuant to 18.- this Article does not affect the rights or liabilities of a county aa�cyaver or another 19'.yerson arisin "undcr,'the expired tax: nor does It affect the rigjnt to any refund or :. 20.E credit of' a tax that world otherwise have been available' under ti:r a2ired tae t,PfnrP 22 �" 6.105:530. Dislig Lion and use of taxes. 23 ? ' W- Distribution:: -The Secretary shall, on .a: guu criy basis distribute to each 24 .� g, n_ty the riWvroceeds of the tax collected In that county under this Article 25 'ILthe Secretary collects tires under this Article in'a month and the taxes can—not be 26, .'identified • as" beirc : attri1ii table ; to a paniculai tiid ' county he Secrets shall - 27- allocate •these taxis among •the taxing "counties in proportion to the amount of taxes 28... oUdded in each cQu ,under 'this article in hit month and shall include them in 29 - th,6 quarterly _30 Use. The proceeds -of a tag levied under. this Ardele inav be used only for `31•.- public school -`capiL QMtlay RUMMes or to .retire, debt incurred by the county for 32' these purposes' after January 1. 1997 33 Section • 3. A tax levied under Article 44 of . Chapter 145. of the General 34 •.Statutes, as enacted by this act, does not apply to construction materials purchased to 35 ,fulfill a lump sum or unit price contract entered into or awarded before the effective 36. dafe ..of the . levy or • entered : into or awarded pursuant to a bid made before the 37 • effective date of the levy when the construction materials would otherwise be subject 38' to the tax levied ender Article 44 of Chapter 105 of the General Statutes. 39. - Section 4. This act is effective when it becomes law. rage 1 Senate Bill 594 57