(a) For every State fiscal quarter prior to the fiscal quarter in which G.S. 108A-54.3A(a)(24) becomes effective, the State retention component is zero.
(b) For the State fiscal quarter in which G.S. 108A-54.3A(a)(24) becomes effective, and each State fiscal quarter thereafter, the State retention component is ten million seven hundred fifty thousand dollars ($10,750,000) for each assessment quarter.