Bill Summaries: S425 (2013-2014 Session)

Tracking:
  • Summary date: Mar 26 2013 - View summary

    Amends GS 20-81.12(b4) to require that the money transferred quarterly from the Collegiate and Cultural Attraction Plate Account for sales of the Olympic Games plate be distributed to North Carolina Amateur Sports (was, to the NC Health and Fitness Foundation, Inc.). Requires that 67% of those funds be allocated to the US Olympic Committee to assist in training athletes and 33% be allocated to NC Amateur Sports to assist with administering the State Games of North Carolina; deletes the allocation to the Governor's Council on Physical Fitness and Health. Effective July 1, 2013.