North Carolina S706 revises the distribution of scrap tire disposal tax proceeds, establishing the Scrap Tire Disposal Account and modifying grant.

North Carolina S706 amends the allocation of scrap tire disposal tax proceeds, establishing the Scrap Tire Disposal Account and modifying grant eligibility criteria. The bill specifies that 30% of the tax proceeds go to the General Fund, while the remaining 70% is distributed among counties based on population. It also outlines the use of the Scrap Tire Disposal Account, allowing up to 75% for grants to local governments for nuisance tire collection sites and up to 15% for grants encouraging the use of processed scrap tire materials.

North Carolina S706 revises the distribution of scrap tire disposal tax proceeds, establishing the Scrap Tire Disposal Account and modifying grant.

North Carolina S706 amends the allocation of scrap tire disposal tax proceeds, establishing the Scrap Tire Disposal Account and modifying grant eligibility criteria. The bill specifies that 30% of the tax proceeds go to the General Fund, while the remaining 70% is distributed among counties based on population. It also outlines the use of the Scrap Tire Disposal Account, allowing up to 75% for grants to local governments for nuisance tire collection sites and up to 15% for grants encouraging the use of processed scrap tire materials.