A BILL TO BE ENTITLED
AN ACT to create a statewide pilot program to enable cost-sharing for transportation improvements.
The General Assembly of North Carolina enacts:
SECTION 1.  G.S. 136‑28.6 is amended by adding three new subsections to read:
"§ 136‑28.6.  Participation by the Department of Transportation with private developers.
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(j)	The Department is authorized to create a statewide pilot program to participate in cost‑sharing for transportation improvements. The Department may create a fair share allocation formula and other procedures to facilitate the pilot program. The formula shall uniformly determine the value of transportation improvements and apportion these costs among applicable parties including the Department, counties, cities, and private property developers. Transportation improvement projects developed under the pilot program may include the provision of ingress and egress to new additional private development prior to acceptance of the improved portion of the roads constructed providing access to the development by the State or local government for maintenance as a public street or highway.
(k)	For the purposes of this pilot program, funds collected by the Department may be administered and managed in the same way as a public enterprise improvement pursuant to G.S. 153A‑280 or G.S. 160A‑320.
(l)	The Department shall report on the pilot program to the Joint Legislative Commission on Governmental Operations and the Fiscal Research Division of the Legislative Services Commission no later than the convening date of the 2021 regular session of the General Assembly."
SECTION 2.  This act becomes effective July 1, 2013.