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X20 <br /> distribute one-eighth (l/S) of the total proceeds of that excise tax to local <br /> } governments in the same manner as the State sales and use tax proceeds that are <br /> distributed to local governments under the legislation that consolidates the local sales <br /> taxes with the State sales tax. <br /> Sec. 14. Sections 1 through 3 of this act shall become effective October <br /> 1, 1987. Sections 4 through 8 of this act shall become effective March 1, 1988, and <br /> apply to sales made on or after that date. The remainder of this act is effective upon <br /> ratification. <br /> In the General Assembly read three times and ratified this the 14th day of <br /> August, 1987. <br /> ROBERT B. JORDAN III <br /> Robert B. Jordan III <br /> President of the Senate <br /> LISTON B. RAMSEy <br /> Liston B. Ramsey <br /> Speaker of the House of Representatives <br /> Senate Bill 944 5 <br />