2023 UNC SELF-LIQUIDATING CAPITAL PROJECTS.

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View NCGA Bill Details2023-2024 Session
House Bill 364 (Public) Filed Tuesday, March 14, 2023
AN ACT TO AUTHORIZE THE FINANCING, WITHOUT APPROPRIATIONS FROM THE GENERAL FUND OR THE STATE CAPITAL AND INFRASTRUCTURE FUND, OF CERTAIN CAPITAL IMPROVEMENT PROJECTS OF THE CONSTITUENT INSTITUTIONS OF THE UNIVERSITY OF NORTH CAROLINA AND TO AUTHORIZE THE TRANSFER OF PERSONAL PROPERTY BETWEEN CONSTITUENT INSTITUTIONS OF THE UNIVERSITY OF NORTH CAROLINA.
Intro. by Hastings, Arp, Winslow, Hardister.
Status: Ch. SL 2023-66 (Jun 30 2023)

SOG comments (2):

Identical bill

Submitted by jhenders@sog.unc.edu on

Substantively identical to S 309, filed 3/14/23.

Long title change

Submitted by jhenders@sog.unc.edu on

Committee substitute to the 1st edition changed the long title. Previous long title was AN ACT TO AUTHORIZE THE FINANCING, WITHOUT APPROPRIATIONS FROM THE GENERAL FUND OR THE STATE CAPITAL AND INFRASTRUCTURE FUND, OF CERTAIN CAPITAL IMPROVEMENT PROJECTS OF THE CONSTITUENT INSTITUTIONS OF THE UNIVERSITY OF NORTH CAROLINA.

Bill History:

H 364/S.L. 2023-66

Bill Summaries:

  • Bill H 364 (2023-2024)
    Summary date: Jul 3 2023 - View Summary

    AN ACT TO AUTHORIZE THE FINANCING, WITHOUT APPROPRIATIONS FROM THE GENERAL FUND OR THE STATE CAPITAL AND INFRASTRUCTURE FUND, OF CERTAIN CAPITAL IMPROVEMENT PROJECTS OF THE CONSTITUENT INSTITUTIONS OF THE UNIVERSITY OF NORTH CAROLINA AND TO AUTHORIZE THE TRANSFER OF PERSONAL PROPERTY BETWEEN CONSTITUENT INSTITUTIONS OF THE UNIVERSITY OF NORTH CAROLINA. SL 2023-66. Enacted June 30, 2023. Effective June 30, 2023. 

    Government, Budget/Appropriations, State Agencies, UNC System
    GS 116
  • Bill H 364 (2023-2024)
    Summary date: Mar 23 2023 - View Summary

    House committee substitute to the 1st edition makes the following changes. Adds new part to the act, enacting new subsection GS 116-13(c) allowing UNC constituent institutions, upon prior approval of the President of UNC, to transfer personal property, including, without limitation, personal property of athletic departments to another UNC constituent institution, including athletic departments, at no cost and without obtaining any prior approval from the State Surplus Property Agency or any other approval required by law. Makes organizational and conforming changes. Makes conforming changes to the act’s long title.  

    Government, Budget/Appropriations, State Agencies, UNC System
    GS 116
  • Bill H 364 (2023-2024)
    Summary date: Mar 14 2023 - View Summary

    States the act's purpose. Authorizes the UNC Board of Governors (BOG) to issue, at one time or from time to time, revenue or special obligation bonds, or both, for the listed projects in the stated amounts at Appalachian State University, NC State University, UNC-Chapel Hill, UNC-Pembroke, and Western Carolina University. 

    Caps the maximum principal amount of bonds issued at the specified project cost plus 5% to pay issuance expenses and related costs. Permits the Director of the State Budget to authorize an increase or decrease in the cost of, or change the method of, funding for the authorized projects; allows consultation with the Joint Legislative Commission on Governmental Operations. 

    Government, Budget/Appropriations, State Agencies, UNC System
    UNCODIFIED
View: All Summaries for Bill