Bill Summary for S 818 (2013-2014)

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Summary date: 

Jun 18 2014

Bill Information:

View NCGA Bill Details2013-2014 Session
Senate Bill 818 (Public) Filed Tuesday, May 20, 2014
A BILL TO BE ENTITLED AN ACT TO ESTABLISH AND DEDICATE FUNDS FOR THE NORTH CAROLINA EDUCATION ENDOWMENT FUND TO PROVIDE ADDITIONAL SUPPORT AND FUNDING FOR K-12 PUBLIC SCHOOLS.
Intro. by Tillman.

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Bill summary

Senate committee substitute makes the following changers to the1st edition.

Clarifies that among the financial contributions credited to the North Carolina Education Endowment Fund (Fund), as established in this act, are funds from the sale of "I Support Teachers" special registration plates.

Amends GS 20-79.7 to provide that the "I Support Teachers" specialized registration plate costs the regular motor vehicle registration fee plus an additional $20. Directs that $10 of the $20 fee be distributed to the Special Registration Plate Account (SRPA) and that $10 be distributed to the Collegiate and Cultural Attraction Plate Account (CCAPA).

Amends GS 20-63(b1) to add the "I Support Teachers" specialized registration plate to those plates which do not have to be aFirst in Flightplate under GS 20-63(b1). Provides that for specialized plates authorized under this subsection after July 1, 2013, the Division of Motor Vehicles (DMV) may not issue a plate unless it receives an additional 200 applications for the plate, meaning a total of 500 applications will be needed before the DMV can begin issuing this license plate.

Directs the Revisor of Statutes to alphabetize, number, and renumber all the specialized registration plates listed in GS 20-79.4(b) to ensure the plates are listed in alphabetical order and numbered accordingly.

Deletes amendment to GS 105-153.5(b) and GS 105-130.9(2), which added language authorizing individual and corporate income tax deductions for amounts contributed to the Fund.

Makes additional technical and clarifying changes.