Bill Summary for S 829 (2019-2020)

Summary date: 

May 21 2020

Bill Information:

View NCGA Bill Details2019-2020 Session
Senate Bill 829 (Public) Filed Thursday, May 21, 2020
AN ACT TO REVISE MATCHING REQUIREMENTS FOR STATE FUNDING OF REMEDIATION ACTIVITIES AT THE CHARLOTTE MOTOR SPEEDWAY.
Intro. by Newton.

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Bill summary

Amends Section 13.2 of SL 2018-5, as amended, regarding the diversion of $2 million credited to the Inactive Hazardous Sites Cleanup Fund for the assessment and remediation of pre-1983 landfills to instead be used by the Department of Environmental Quality, Division of Waste Management, to provide a matching grant to the Charlotte Motor Speedway. Revises the grant's matching requirement from $1 for every $2 in non-State funds, to $1 for every $1 in non-State funds, up to $2 million for the matching grant.

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