Bill Summary for S 193 (2013-2014)
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View NCGA Bill Details | 2013-2014 Session |
A BILL ENTITLED AN ACT TO MODIFY P3 ETHICS REPORTING REQUIREMENT IN S.L. 2014-18.Intro. by Hartsell.
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Bill summary
Senate committee substitute to the 2nd edition makes the following changes. Amends proposed GS 115C-450(b) to prohibit assessing indirect costs to a child nutrition program unless the program has a minimum of one month's operating balance (was, unless the program's food services account balance is greater than average month's cost of operation for the program). Specifies that one month's operating balance is to be derived from net cash resources divided by one month's operating costs. Defines net cash resources. Makes further conforming changes.
Requires the North Carolina Procurement Alliance to promote optional pricing for child nutrition program foods and supplies. Deletes the appropriation that was to provide administrative support for the Alliance to promote optional pricing for child nutrition program foods and supplies. Makes conforming changes.
Amends the act's long title.