Bill Summary for H 364 (2023-2024)

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Summary date: 

Mar 23 2023

Bill Information:

View NCGA Bill Details2023-2024 Session
House Bill 364 (Public) Filed Tuesday, March 14, 2023
AN ACT TO AUTHORIZE THE FINANCING, WITHOUT APPROPRIATIONS FROM THE GENERAL FUND OR THE STATE CAPITAL AND INFRASTRUCTURE FUND, OF CERTAIN CAPITAL IMPROVEMENT PROJECTS OF THE CONSTITUENT INSTITUTIONS OF THE UNIVERSITY OF NORTH CAROLINA AND TO AUTHORIZE THE TRANSFER OF PERSONAL PROPERTY BETWEEN CONSTITUENT INSTITUTIONS OF THE UNIVERSITY OF NORTH CAROLINA.
Intro. by Hastings, Arp, Winslow, Hardister.

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Bill summary

House committee substitute to the 1st edition makes the following changes. Adds new part to the act, enacting new subsection GS 116-13(c) allowing UNC constituent institutions, upon prior approval of the President of UNC, to transfer personal property, including, without limitation, personal property of athletic departments to another UNC constituent institution, including athletic departments, at no cost and without obtaining any prior approval from the State Surplus Property Agency or any other approval required by law. Makes organizational and conforming changes. Makes conforming changes to the act’s long title.