Bill Summary for S 362 (2023-2024)
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Summary date:
Mar 23 2023
Bill Information:
View NCGA Bill Details | 2023-2024 Session |
AN ACT TO APPROPRIATE ADDITIONAL FUNDS TO THE NORTH CAROLINA AGRICULTURAL DEVELOPMENT AND FARMLAND PRESERVATION TRUST FUND.Intro. by Moffitt.
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Bill summary
Appropriates $250 million for 2023-24 from the General Fund to the North Carolina Agricultural Development and Farmland Preservation Trust. Limits the use of these funds to the following: (1) for the purchase of agricultural conservation easements, including transaction costs and (2) to fund conservation agreements to bring into or maintain farmland in active production of food, fiber, and other agricultural products. Effective July 1, 2023.