Bill Summary for S 785 (2021-2022)
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Summary date:
May 25 2022
Bill Information:
View NCGA Bill Details | 2021 |
AN ACT TO EXTEND THE DATE FOR AIRPORTS TO EXPEND OR ENCUMBER FUNDS ALLOCATED FOR USE IN THE 2019-2021 FISCAL BIENNIUM.Intro. by McInnis, Britt, Sawyer.
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Bill summary
Directs that the seven airports allocated funds from appropriations of the Department of Transportation in Section 4.7 of SL 2019-231 have until June 30, 2024, to expends or encumber those funds (Section 4.7 requires the funds to be returned to the Department and credited to the fund from which they were appropriated if not expended or encumbered by August 31 of the year following the fiscal year in which the Department makes the allocation).