Bill Summary for H 754 (2013-2014)

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Bill: LEASE PURCHASE OF REAL PROPERTY/COMM. COLL.

Summary date: 

Apr 30 2013
S.L. 2013-310

Bill Information:

View NCGA Bill Details2013-2014 Session
House Bill 754 (Public) Filed Wednesday, April 10, 2013
A BILL TO BE ENTITLED AN ACT AUTHORIZING COMMUNITY COLLEGES TO ACQUIRE REAL PROPERTY BY LEASE PURCHASE.
Intro. by Johnson.

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Bill summary

House committee substitute makes the following changes to the 1st edition.

Amends GS 115D-58.15 to clarify that only local fundscan be used for lease-purchase or installment-purchase contracts for real property (was, only non-state funds).