Can you explain the concept of "net proceeds" in relation to taxes, duties, tolls, and fees levied by the state and municipalities under this Part?
The concept of "net proceeds" refers to the total revenue generated from taxes, duties, tolls, and fees levied by the state and municipalities under this Part, after deducting all costs and expenses related to their collection and administration. This remaining balance is then distributed between the state and municipalities based on specific principles and guidelines set forth by the Finance Commission.