Bill Summary for H 364 (2013-2014)

Summary date: 

May 8 2013

Bill Information:

View NCGA Bill Details2013-2014 Session
House Bill 364 (Public) Filed Wednesday, March 20, 2013
A BILL TO BE ENTITLED AN ACT TO DIRECT THE PROGRAM EVALUATION DIVISION TO STUDY THE ABILITY OF STATE AGENCIES OR STATE ENTITIES TO ENTER INTO DEBT OR DEBT-LIKE ARRANGEMENTS OUTSIDE OF THE PURVIEW OF THE GENERAL ASSEMBLY.
Intro. by McGrady, Moffitt, R. Brown, Murry.

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Bill summary

House committee substitute to the 1st edition deletes the provisions of the 1st edition and replaces it with the following. Requires the Program Evaluation Division to include a study to evaluate the use of debt or debt-like arrangements outside of the purview of the General Assembly in its 2013-15 Work Plan. Specifies three items to be included in the study. Requires a report to the Joint Legislative Program Evaluation Oversight Committee and the House and Senate Finance Committees at a date to be determined by the Joint Legislative Program Evaluation Oversight Committee. Updates the act's titles.

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