Bill Summary for H 554 (2023-2024)

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Summary date: 

Apr 3 2023

Bill Information:

View NCGA Bill Details2023-2024 Session
House Bill 554 (Public) Filed Monday, April 3, 2023
AN ACT TO APPROPRIATE FUNDS FOR CRITICAL CAPITAL INFRASTRUCTURE AND REPAIRS AND RENOVATION PROJECTS AT CERTAIN NORTH CAROLINA INDEPENDENT COLLEGES AND UNIVERSITIES INSTITUTIONS.
Intro. by Hawkins, Hardister, Warren, Gill.

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Appropriates $16 million in nonrecurring funds for 2023-24 from the State Capital and Infrastructure Fund to the Office of State Budget and Management for a grant to North Carolina Colleges and Universities for capital improvement projects. The funds shall be equally distributed to (1) Bennett College; (2) Johnson C. Smith University; (3) Livingstone College; (4) Saint Augustine’s University; (5) Shaw University; (6) Chowan University; (7) Louisburg College; and (8) North Carolina Wesleyan University. Effective July 1, 2023.