S382 - Disaster Relief-3/Budget/Various Law Changes. (SL 2024-57)

Session Year 2024

Overview: Section 3H.1 of S.L. 2024‑57 makes the following changes to the criteria that must be met to receive grant funding from the Major Events, Games and Attractions Fund:

  • Subsection (a) of this section allows a facility that has hosted an Association of Tennis Professionals event within the preceding 12 months to be an eligible location for an event for which a grant is awarded from the North Carolina Major Events, Games, and Attractions Fund.
  • Subsection (b) eliminates the requirement that to be eligible for grant funding, an event must be held at only one location in the State, and the total benefits of the event to the State must outweigh its cost.
  • Subsection (c) clarifies that local school administrative units are eligible grant recipients.

This bill was vetoed by the Governor on November 26, 2024, and the veto was overridden by the General Assembly on December 11, 2024. This section of the act became effective December 11, 2024. Subsections (a) and (b) apply to multiparty agreements entered into between the Department of Commerce and site selection organizations and local entities on or after December 11, 2024. 

Additional Information: