The county treasurer shall, at the end of each calendar month, apportion all collections from the sales of the tax stamps herein provided for as follows:
Two percent (2%) shall be deposited to the credit of the General Revenue Fund of the State Treasury, and
Forty-nine percent (49%) shall be allocated to the schools of the county on an ADA basis, and forty-nine percent (49%) shall go to the general fund of the county.
Amended by Laws 1986, c. 223, § 49, operative July 1, 1986.