Bill Summary for H 472 (2019-2020)

Summary date: 

Mar 26 2019

Bill Information:

View NCGA Bill Details2019-2020 Session
House Bill 472 (Public) Filed Tuesday, March 26, 2019
AN ACT TO APPROPRIATE ADDITIONAL FUNDS TO NORTH CAROLINA STATE UNIVERSITY TO PROVIDE A MATCH FOR FEDERAL FUNDS TO SUPPORT THE DEVELOPMENT OF INNOVATIVE MANUFACTURING PROCESSES FOR BIOPHARMACEUTICAL PRODUCTS; TO APPROPRIATE ADDITIONAL FUNDS TO NORTH CAROLINA AGRICULTURAL AND TECHNICAL STATE UNIVERSITY TO PROVIDE A MATCH FOR FEDERAL FUNDS TO SUPPORT AGRICULTURAL RESEARCH AND COOPERATIVE EXTENSION PROGRAM ACTIVITIES; AND TO PERMIT NORTH CAROLINA AGRICULTURAL AND TECHNICAL STATE UNIVERSITY TO SELL DAIRY PRODUCTS AT UNIVERSITY-OWNED FACILITIES TO SUPPORT THE AGRICULTURAL RESEARCH PROGRAM AT THE UNIVERSITY.
Intro. by Hardister, Dobson, Faircloth, Clemmons.

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Bill summary

Appropriates $2 million in additional recurring funds for 2019-20 from the General Fund to the UNC Board of Governors to be allocated to NC A&T State University to support its agricultural research and cooperative extension activities by matching federal funds awarded to the University. Provides that the minimum match is $1 in nonfederal funds for every $1 in federal funds for agricultural research and extension activities approved in the plan of work submitted to the US Secretary of Agriculture. States the NCGA's intent to appropriate additional state funds as necessary to meet the minimum match for available federal funds for this program in subsequent fiscal years. Effective July 1, 2019. 

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