Bill Summary for S 829 (2019-2020)
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Summary date:
May 21 2020
Bill Information:
View NCGA Bill Details | 2019-2020 Session |
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.