AN ACT TO FUND REPAIRS AND RENOVATIONS PROJECTS FOR STATE AGENCIES AND THE CONSTITUENT INSTITUTIONS OF THE UNIVERSITY OF NORTH CAROLINA AND TO ENACT VARIOUS STATUTORY CHANGES RELATING TO FUNDING AND COMMENCING CAPITAL PROJECTS FROM THE STATE CAPITAL AND INFRASTRUCTURE FUND.
Senate committee substitute to the 1st edition makes the following changes.
Sets the amount to be transferred from the General Fund to the State Capital and Infrastructure Fund (Fund) for the 2020-21 fiscal year and then appropriated to the Office of State Budget and Management (OSBM) for repairs and renovation projects pursuant to GS 143C-8-13, at $119 million.
No longer requires a sufficient sum to be allocated to the Department of Revenue for security improvements at various locations throughout the State.
Amends GS 143C-8-13 by removing proposed language that authorized the chancellor of a constituent institution of UNC to pay for capital improvement projects with funds available to the institution whereby (1) the total project costs did not exceed $1 million and the projects were of the 13 permitted types; (2) the institution reported quarterly to the BOG and specified NCGA division on projects undertaken pursuant to this authority; and (3) funds from a General Fund appropriation that were contractually obligated for a project remained available to fund the completion of the project. Makes conforming changes.
Amends GS 143C-4-3.1 to allow funds in the State Capital and Infrastructure Fund to be used for projects and grants that have been authorized and funded by an act of the NCGA, in addition to those identified in the Current Operations Appropriations Act.
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