A BILL TO BE ENTITLED
AN ACT extending the waiver of retroactivity pertaining to the acquisition of land by the town of nashville under the parks and recreation trust fund program.
The General Assembly of North Carolina enacts:
SECTION 1.  Notwithstanding any provision of law to the contrary, in any case where a municipality participating in the Parks and Recreation Trust Fund Program administered by the Department of Environment and Natural Resources, North Carolina Parks and Recreation Authority, has been granted permission to acquire land before applying for a grant and the funding for the program is subsequently reduced during a fiscal year, the municipality's waiver of retroactivity under the Program as it pertains to the value of the land donated to the municipality shall be extended until the next full round of funding.
SECTION 2.  This act applies to the Town of Nashville only.
SECTION 3.  This act is effective when it becomes law.