AN ACT TO FUND CERTAIN CAPITAL IMPROVEMENTS AT WESTERN CAROLINA UNIVERSITY. SL 2020-33. Enacted June 19, 2020. Effective July 1, 2020.
Summary date: Jun 19 2020 - View summary
Summary date: May 28 2020 - View summary
Senate committee substitute makes the following changes to the 1st edition.
Eliminates the appropriations provisions and replaces them with the following.
Directs the State Controller to transfer to Western Carolina University (WCU), by August 15, 2020, $11,585,462 in nonrecurring funds from the cash balance in the Repairs and Renovations Reserve, and $4,914,538 in nonrecurring funds from the cash balance in the Federal Insurance Contributions Act Fund, for the 2020-21 fiscal year. Expressly appropriates and restricts use of the transferred funds to the steam plan project at WCU.
Maintains the act's effective date of July 1, 2020.
Summary date: May 19 2020 - View summary
Transfers from the General Fund to the State Capital and Infrastructure Fund (Fund) an amount sufficient in nonrecurring funding for 2020-21. Appropriates from the Fund to the Office of State Budget and Management an amount sufficient in nonrecurring funding for 2020-21 to be allocated for the steam plant project at Western Carolina University.
Reenacts the provisions of the State Budget Act, GS Chapter 143C, and incorporates them into this act by reference. Provides that except where expressly repealed or amended by this act, the provisions of any other legislation enacted during the 2019 Regular Session expressly appropriating funds to an agency, a department, or an institution covered under this act, remain in effect.
Effective July 1, 2020.