Bill Summary for S 640 (2021-2022)

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Summary date: 

Apr 7 2021

Bill Information:

View NCGA Bill Details2021
Senate Bill 640 (Public) Filed Tuesday, April 6, 2021
AN ACT TO PROVIDE POST-COVID-19 APPROPRIATION FUNDING TO CREATE ECONOMIC DEVELOPMENT FOR WINSTON-SALEM STATE UNIVERSITY AND THE WINSTON-SALEM COMMUNITY AT-LARGE THROUGH THE RENOVATION OF THE K.R. WILLIAMS AUDITORIUM.
Intro. by Lowe, Krawiec.

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Bill summary

Transfers $57 million in nonrecurring funds for 2021-22 from the General Fund to the State Capital and Infrastructure Fund (Fund). Appropriates that amount in nonrecurring funds for 2021-22 from the Fund to the UNC Board of Governors to be used as title indicates. Effective July 1, 2021.