{"data":{"id":"us-nc/n.c.-gen.-stat.-105-228.5b","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 105-228.5B","heading":"Distribution of part of tax proceeds to High Risk Pool.","body":"By November 1 of each year, the State Treasurer must transfer from the General Fund to the North Carolina Health Insurance Risk Pool Fund established in G.S. 58-50-225 an amount equal to thirty percent (30%) of the growth in revenue from the tax applied to gross premiums under G.S. 105-228.5(d)(2). The growth in revenue from this tax is the difference between the amount of revenue collected during the preceding fiscal year on premiums taxed under that subdivision less $475,545,413, which is the amount of revenue collected during fiscal year 2006-2007 on premiums taxed under that subdivision. The Treasurer must draw the amount required under this section from revenue collected on premiums taxed under that subdivision. (2007-532, s. 4(a), (b); 2008-118, s. 3.2(d), (e); 2009-445, s. 10.)","path":["","Article 8B. Taxes Upon Insurance Companies And Prepaid Health Plans."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_105/GS_105-228.5B.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:15:52Z","sha256":"35a2d5e7622522afc825ffad415855fb376848a05b10e33a315705fbbdf3c752","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-105-228.5a","next":"us-nc/n.c.-gen.-stat.-105-228.5c"},"notice":"GroundRules: Original legal text. Not legal advice."}