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NC S425
Bill
AI Summary
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Changes the recipient of Olympic Games special plate proceeds from the N.C. Health and Fitness Foundation, Inc. to North Carolina Amateur Sports.
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Increases the allocation to the U.S. Olympic Committee from 50% to 67% of proceeds to assist in training Olympic athletes.
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Decreases the allocation to North Carolina Amateur Sports from 25% to 33% for administration of the State Games of North Carolina.
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Eliminates the 25% allocation to the Governor's Council on Physical Fitness and Health that previously supported local fitness council development throughout North Carolina.
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Effective date: July 1, 2013.
Legislative Description
Olympic Games Special Plate Proceeds
Last Action
Ref To Com On Finance
3/27/2013
Committee Referrals
Finance3/27/2013
Full Bill Text
No bill text available