Bill Summary for H 243 (2021-2022)
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Summary date:
Mar 23 2021
Bill Information:
View NCGA Bill Details | 2021 |
AN ACT TO MAKE TECHNICAL, CLARIFYING, AND OTHER MODIFICATIONS TO THE CURRENT OPERATIONS APPROPRIATIONS ACT OF 2021 AND TO OTHER LEGISLATION.Intro. by Hardister, Hurley, Pickett, Terry.
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Bill summary
House committee substitute makes the following changes to the 2nd edition.
Eliminates Part V of the act, which amendedĀ GS 116-30.3 to allow authorized budget codes that can carry forward a General Fund current operations appropriations credit balance remaining at the end of each fiscal year to use funds carried forward for one-time expenditures (was, limited to using up to 2.5% of the amount carried forward for projects eligible to receive funds under GS 143C-8-13(a), with one half of amounts over 2.5% required to be distributed to the UNC System Office to be disbursed to constituent institutions at BOG discretion, with the remaining amount retained in the budget code). Amends the act's long title.