Amends GS 146-30(c) to require that the net proceeds from the sale of land or facilities purchased with funds from the State Highway Fund be deposited into the State Highway Fund. Currently these proceeds are deposited into the General Fund.
DOT PROPERTY SALE PROCEEDS/HIGHWAY FUND.
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| View NCGA Bill Details | 2017-2018 Session |
AN ACT TO CLARIFY THAT NET PROCEEDS FROM THE SALE OF LAND OR FACILITIES PURCHASED WITH FUNDS FROM THE STATE HIGHWAY FUND ARE TO BE DEPOSITED INTO THE STATE HIGHWAY FUND, AS RECOMMENDED BY THE HOUSE SELECT COMMITTEE ON STRATEGIC TRANSPORTATION PLANNING AND LONG TERM FUNDING SOLUTIONS.Intro. by Torbett, Iler, Presnell, Shepard.
Status: Ref to the Com on Transportation, if favorable, State and Local Government II (House Action) (May 28 2018)
H 1011
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Bill H 1011 (2017-2018)Summary date: May 24 2018 - View Summary
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