North Carolina Parks And Recreation Trust Fund
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North Carolina Parks And Recreation Trust Fund
The North Carolina General Assembly established the Parks and Recreation Trust Fund (PARTF) in 1994 to fund improvements in the state's park system, fund grants for local governments and increase public access to state beaches. The Parks and Recreation Authority, a fifteen-member appointed board, was also created to allocate funds from PARTF to the state parks and to the grants program for local governments. The fund was created by North Carolina General Assembly Senate Bill 733. The impetus for the bill was a 1988 legislative study which determined that state parks were underfunded. A bond issue quickly ensued, raising $35 million to purchase land and build visitor centers in the state park system. The legislature seized upon the momentum and widespread support from the business and tourism sectors to get the bill passed. The Parks and Recreation Authority, who administers the funds, has a dedicated revenue stream from an annual 75% share of the N.C. real estate transfer tax. 65% ...
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North Carolina General Assembly
The North Carolina General Assembly is the Bicameralism, bicameral legislature of the Government of North Carolina, State government of North Carolina. The legislature consists of two chambers: the North Carolina Senate, Senate and the North Carolina House of Representatives, House of Representatives. The General Assembly meets in the North Carolina State Legislative Building, North Carolina Legislative Building in Raleigh, North Carolina, Raleigh, North Carolina, United States. The General Assembly drafts and legislates the state laws of North Carolina, also known as the ''General Statutes''. The General Assembly is a bicameral legislature, consisting of the North Carolina House of Representatives (formerly called the North Carolina House of Commons until 1868) and the North Carolina Senate. Since 1868, the House has had 120 members, while the Senate has had 50 members. There are no term limits for either chamber. History Colonial period The North Carolina legislature trace ...
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Chimney Rock State Park-20080811
A chimney is an architectural ventilation structure made of masonry, clay or metal that isolates hot toxic exhaust gases or smoke produced by a boiler, stove, furnace, incinerator, or fireplace from human living areas. Chimneys are typically vertical, or as near as possible to vertical, to ensure that the gases flow smoothly, drawing air into the combustion in what is known as the stack, or chimney effect. The space inside a chimney is called the ''flue''. Chimneys are adjacent to large industrial refineries, fossil fuel combustion facilities or part of buildings, steam locomotives and ships. In the United States, the term ''smokestack industry'' refers to the environmental impacts of burning fossil fuels by industrial society, including the electric industry during its earliest history. The term ''smokestack'' (colloquially, ''stack'') is also used when referring to locomotive chimneys or ship chimneys, and the term ''funnel'' can also be used. The height of a chimn ...
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Excise Tax In The United States
Excise tax in the United States is an indirect tax on listed items. Excise taxes can be and are made by federal, state and local governments and are not uniform throughout the United States. Certain goods, such as gasoline, diesel fuel, alcohol, and tobacco products, are taxed by multiple governments simultaneously. Some excise taxes are collected from the producer or retailer and not paid directly by the consumer, and as such often remain "hidden" in the price of a product or service, rather than being listed separately. Federal excise taxes and revenues Federal excise taxes raised $86.8 billion in fiscal year 2020, or 2.5% of total federal tax revenue. These data come from Tables 2.1 through 2.4. Fuel Federal excise taxes have been stable at 18.4¢ per gallon for gasoline and 24.4¢ per gallon for diesel fuel since 1993. This raised $37.4 billion in fiscal year 2015. These fuel taxes raised 90% of the Highway Trust Fund. The average of state taxes on fuel was 31.02¢ per gal ...
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