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NC S529
Bill
AI Summary
Senate Bill 529 Summary
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Reduces the percentage of scrap tire disposal tax proceeds credited to the Scrap Tire Disposal Account from 30% to 17%, with 13% going to the General Fund instead.
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Reenacts G.S. 130A-309.63 to allow the Department to use account revenue for grants to local governments (up to 50%), grants for processed scrap tire materials (up to 40%), a support position for local governments (for scrap tire management programs), and cleanup of nuisance tire collection sites.
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Establishes eligibility criteria for local government grants based on disposal costs exceeding tax proceeds received during the prior six-month period, with grants capped at unreimbursed costs.
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Repeals G.S. 130A-309.64 and consolidates reporting requirements to G.S. 130A-309.06(c), requiring annual reports to the Environmental Review Commission and Fiscal Research Division on account balances and revenue usage by April 15.
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Takes effect July 1, 2021.
Legislative Description
County Waste Management Assistance
Budgeting
Last Action
Re-ref to Appropriations/Base Budget. If fav, re-ref to Rules and Operations of the Senate
4/26/2021