Bill Summary for H 1225 (2019-2020)

Printer-friendly: Click to view

Summary date: 

Jun 18 2020

Bill Information:

View NCGA Bill Details2019-2020 Session
House Bill 1225 (Public) Filed Tuesday, May 26, 2020
AN ACT TO ENACT THE EDUCATION AND TRANSPORTATION BOND ACT OF 2020.
Intro. by Moore, Elmore, Torbett, Wray.

View: All Summaries for BillTracking:

Bill summary

House committee substitute to the 1st edition makes the following changes.

Amends the Education and Transportation Bond Act of 2020, as follows.

Amends the definitions provided for capital outlay project for a constituent institutioncommunity college capital outlay project, and public school capital outlay project to exclude projects for trailers, relocatable classrooms, mobile classrooms, or for facilities for centralized administration, other than administration of the project funded.

Adds a schedule for the use of $800 million in bond proceeds allocated for grants for public school outlay projects and repairs and renovations, providing for specified allocations by local education agencies with base allocations and further allocations by average daily membership and low-wealth county designations.

Modifies the schedule allocating the $600 million in bond proceeds authorized for capital and outlay projects for constituent institutions by adding to the projects identified and adjusting the generalized amounts allocated to previously identified projects. Projects added include Wye Hall Renovation at Appalachian State University and Carrington Hall Renovation at UNC-Chapel Hill.

Regarding use of bond proceeds for capital outlay projects for constituent institutions, no longer specifies determination of financing is to be made by the Board of Governors.

Regarding use of bond proceeds for supplemental highway funding for transportation, now specifies financing is to be determined by the Department of Transportation pursuant to Article 14B of GS Chapter 136.

Modifies the ballot question to be presented to voters to approve bond issuance at the 2020 general election, separating the questions to provide for approval of $1.6 trillion in education bonds and $1.5 trillion in transportation bonds (previously, provided for one ballot question with the bonds combined).