AN ACT TO AUTHORIZE THE FINANCING, WITHOUT APPROPRIATIONS FROM THE GENERAL FUND OR THE STATE CAPITAL AND INFRASTRUCTURE FUND, OF CERTAIN CAPITAL IMPROVEMENT PROJECTS OF THE CONSTITUENT INSTITUTIONS OF THE UNIVERSITY OF NORTH CAROLINA. SL 2024-24. Enacted June 28, 2024. Effective June 28, 2024.
2024 UNC SELF-LIQUIDATING CAPITAL PROJECTS.
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View NCGA Bill Details(link is external) | 2023-2024 Session |
AN ACT TO AUTHORIZE THE FINANCING, WITHOUT APPROPRIATIONS FROM THE GENERAL FUND OR THE STATE CAPITAL AND INFRASTRUCTURE FUND, OF CERTAIN CAPITAL IMPROVEMENT PROJECTS OF THE CONSTITUENT INSTITUTIONS OF THE UNIVERSITY OF NORTH CAROLINA.Intro. by Pickett, Hastings, Hawkins.
Bill History:
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Wed, 24 Apr 2024 House: Filed(link is external)
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Mon, 29 Apr 2024 House: Passed 1st Reading(link is external)
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Wed, 8 May 2024 House: Reptd Fav(link is external)
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Wed, 8 May 2024 House: Re-ref Com On Finance(link is external)
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Wed, 15 May 2024 House: Reptd Fav(link is external)
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Wed, 15 May 2024 House: Cal Pursuant Rule 36(b)(link is external)
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Wed, 15 May 2024 House: Added to Calendar(link is external)
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Wed, 15 May 2024 House: Passed 2nd Reading(link is external)
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Wed, 15 May 2024 House: Withdrawn From Cal(link is external)
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Wed, 15 May 2024 House: Placed On Cal For 05/22/2024(link is external)
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Wed, 22 May 2024 House: Passed 3rd Reading(link is external)
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Wed, 22 May 2024 House: Special Message Sent To Senate(link is external)
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Wed, 22 May 2024 Senate: Special Message Received From House(link is external)
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Wed, 22 May 2024 Senate: Passed 1st Reading(link is external)
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Fri, 24 May 2024 Senate: Withdrawn From Com(link is external)
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Tue, 11 Jun 2024 Senate: Reptd Fav(link is external)
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Mon, 17 Jun 2024 Senate: Reptd Fav(link is external)
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Tue, 18 Jun 2024 Senate: Passed 2nd Reading(link is external)
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Tue, 18 Jun 2024 Senate: Placed On Cal For 06/20/2024(link is external)
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Thu, 20 Jun 2024 Senate: Passed 3rd Reading(link is external)
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Thu, 20 Jun 2024 Senate: Ordered Enrolled(link is external)
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Mon, 24 Jun 2024 House: Ratified(link is external)
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Tue, 25 Jun 2024 House: Pres. To Gov. 6/25/2024(link is external)
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Fri, 28 Jun 2024 House: Signed by Gov. 6/28/2024(link is external)
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Fri, 28 Jun 2024 House: Ch. SL 2024-24(link is external)
Bill Summaries:
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Bill H 912 (2023-2024)Summary date: Jul 1 2024 - View Summary
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Bill H 912 (2023-2024)Summary date: May 14 2024 - View Summary
Sets out the act’s purpose as authorizing the financing of the capital improvement projects listed in this act for the respective UNC institutions with funds available to the institutions from gifts, grants, receipts, self-liquidating indebtedness, Medicare reimbursements for education costs, hospital receipts from patient care, or other funds, or any combination of these funds, but not including funds received for tuition or appropriated from the General Fund or State Capital and Infrastructure Fund of the State unless previously authorized by General Statute.
Authorizes the following capital improvement projects, in the specified amounts, financed as provided above, or by special obligation bonds authorized by the act, or both: East Carolina University—Jones Hall/Legacy Hall; Fayetteville State University—Dormitories; UNC-Chapel Hill—Chilled Water Infrastructure Expansion (Phase1) and Translational Research Building; and UNC-Wilmington—Seahawk Housing Complex Acquisition.
Sets out provisions governing when the Director of the Budget may increase or decrease the cost of, or change the method of, funding the projects.
Allows the UNC Board of Governors to issue, at one time or from time to time, with approval from the Director of the Budget, special obligation bonds for paying all or part of the cost of acquiring, constructing, or providing for these projects. Caps the maximum principal amount of bonds that are to be issued at the specified amounts plus 5%.