Bill Summary for H 1225 (2019-2020)
Printer-friendly: Click to view
Summary date:
Jun 18 2020
Bill Information:
View NCGA Bill Details | 2019-2020 Session |
AN ACT TO ENACT THE EDUCATION AND TRANSPORTATION BOND ACT OF 2020.Intro. by Moore, Elmore, Torbett, Wray.
View: All Summaries for Bill | Tracking: |
Bill summary
House amendment to the 2nd edition makes the following changes.
Amends the Education and Transportation Bond Act of 2020, as follows.
Increases amount of bond proceeds authorized for public school capital outlay projects and repairs and renovations, $800 million, by $250 million, and for community college capital outlay projects and repairs and renovations, $200 million, by $100 million. Decreases the amount of bond proceeds authorized for public transportation infrastructure projects, $600 million, by $350 million. Makes adjustments to the schedules for the use of bond proceeds for public school projects by increasing each ADM amount. Makes conforming changes throughout.