Bill Summary for H 503 (2017-2018)

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Bill: LOCAL BUDGETS/PUBLIC ENTERPRISE FUNDS.

Summary date: 

Mar 28 2017

Bill Information:

View NCGA Bill Details(link is external)2017-2018 Session
House Bill 503 (Public) Filed Tuesday, March 28, 2017
AN ACT PROVIDING THAT LOCAL GOVERNMENTS AND PUBLIC AUTHORITIES SHALL NOT APPROPRIATE FUNDS FROM A UTILITY OR ENTERPRISE FUND TO ANY OTHER FUND OTHER THAN THE APPROPRIATE DEBT SERVICE FUND.
Intro. by Ford.

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Bill summary

As title indicates.

Effective July 1, 2017.