Disposition of tax proceeds.

  1. Law
  2. North Carolina General Statutes
  3. Taxation
  4. North Carolina Highway Use Tax.
  5. Disposition of tax proceeds.

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105-187.9. Disposition of tax proceeds.

(a) Distribution. - Of the taxes collected under this Article at the rate of five percent (5%) and eight percent (8%), the sum of ten million dollars ($10,000,000) shall be credited annually to the Highway Fund, and the remainder shall be credited to the General Fund. Taxes collected under this Article at the rate of three percent (3%) shall be credited to the North Carolina Highway Trust Fund.

(b) Repealed by Session Laws 2010-31, s. 28.7(i), and Session Laws 2013-183, s. 4.1, effective July 1, 2013.

(c) Repealed by Session Laws 2013-183, s. 4.1, effective July 1, 2013.



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