GENERAL ASSEMBLY OF NORTH CAROLINA

SESSION 2005

S                                                                                                                                                     1

SENATE BILL 1862*

Short Title:     Limit Nutrient Offset Payments.		(Public)
Sponsors:	Senators Malone,  Stevens; Bingham, Dannelly, Dorsett, Forrester, Garwood, Goodall, Hoyle, Jenkins, and Purcell.
Referred to:	Rules and Operations of the Senate.

May 25, 2006

A BILL TO BE ENTITLED

AN ACT to Set the per pound factor used by the environmental management commission to calculate nutrient offset payments.

The General Assembly of North Carolina enacts:

SECTION 1.  G.S. 143‑215.3D(e) is amended by adding a new subdivision to read:

"(8) Per Pound Factor for Nutrient Offset Payments. – The per pound factor used by the Environmental Management Commission to establish a nutrient offset payment pursuant to this Article or rules adopted pursuant to this Article shall be thirty‑five dollars ($35.00) per pound of nitrogen and per tenth of a pound of phosphorous."

SECTION 2.  This act becomes effective July 1, 2006 and applies to all nutrient offset payments, including those set out in 15A NCAC 2B.0240, as adopted by the Environmental Management Commission on January 12, 2006.