Bill Summary for H 335 (2021)

Summary date: 

Jun 22 2021

Bill Information:

View NCGA Bill Details2021
House Bill 335 (Public) Filed Wednesday, March 17, 2021
AN ACT TO REVISE REQUIREMENTS REGARDING THE TRANSFER OF FUNDS FROM A LOCAL SCHOOL ADMINISTRATIVE UNIT TO A CHARTER SCHOOL TO INCENTIVIZE THE TIMELY TRANSFER OF FUNDS.
Intro. by Bradford, Riddell, Hardister, Saine.

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Bill summary

Senate amendment to the 5th edition makes the following changes. Reduces the late fee set forth in GS 115C-218.105 from 5% to 3% applicable to the full amount of the per pupil share of the local current expense fund not transferred to charter schools within 15 days.

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