NC S428

Redirects 30% of quarterly scrap tire disposal tax proceeds to a Scrap Tire Disposal Account instead of the General Fund, with excess over $300,000 annually credited to the Highway Fund.

Increases grants to local governments for scrap tire disposal from 50% to 75% of Account revenue, with grants limited to counties whose disposal costs exceed tax revenue received in the preceding six-month period.

Reduces grants for processed scrap tire material use from 40% to 15% of Account revenue, covering tire-derived fuel, crumb rubber, and related products.

Allocates up to $175,000 annually for Department administrative costs and a position to assist local governments with scrap tire management programs and prevent out-of-state tire disposal.

Takes effect October 1, 2023, for tax crediting purposes, with remaining provisions effective upon enactment.