Bill Summary for S 211 (2015-2016)

Summary date: 

Apr 28 2015

Bill Information:

View NCGA Bill Details2015-2016 Session
Senate Bill 211 (Public) Filed Tuesday, March 10, 2015
AN ACT TO PROVIDE FOR DAMAGES WHEN FUNDS ARE NOT TRANSFERRED WITHIN REQUIRED TIME LINES BETWEEN LOCAL SCHOOL ADMINISTRATIVE UNITS AND CHARTER SCHOOLS.
Intro. by Tillman.

View: All Summaries for BillTracking:

Bill summary

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

Amends GS 115C-218.105(e) to award court costs and attorneys' fees (was, attorneys' fees and costs) to the prevailing party in a dispute as to the timeline under which the funds should have been transferred between local school administrative units and charter schools. Also provides that the court is to award liquidated damages in an amount equal to 5% (was, a penalty of 5% of the monies that should have been transferred) of the monies that should have been transferred under subsection (c) of GS 115C-218.105 as compensation for administrative expenses incurred by the prevailing party due to the monies being unavailable. Directs the court to order that any delinquent funds, court costs, fees, liquidated damages (was, penalty, and interest) be paid to the prevailing party in equal installments within no more than one year from the entry of judgment.

Amends both the long and short title of this act.

© 2021 School of Government The University of North Carolina at Chapel Hill

This work is copyrighted and subject to "fair use" as permitted by federal copyright law. No portion of this publication may be reproduced or transmitted in any form or by any means without the express written permission of the publisher. Distribution by third parties is prohibited. Prohibited distribution includes, but is not limited to, posting, e-mailing, faxing, archiving in a public database, installing on intranets or servers, and redistributing via a computer network or in printed form. Unauthorized use or reproduction may result in legal action against the unauthorized user.

Printer-friendly: Click to view