AN ACT AUTHORIZING COMMUNITY COLLEGES TO ACQUIRE REAL PROPERTY BY LEASE PURCHASE. Enacted July 18, 2013. Effective July 18, 2013.
Bill Summaries: H754 LEASE PURCHASE OF REAL PROPERTY/COMM. COLL.
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Tracking:
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Summary date: Jul 23 2013 - View Summary
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Bill H 754 (2013-2014)Summary date: Jun 25 2013 - View Summary
Senate committee amendment to the 2nd edition makes the act effective when it becomes law (was, effective July 1, 2013).
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Bill H 754 (2013-2014)Summary date: Apr 30 2013 - View Summary
House committee substitute makes the following changes to the 1st edition.
Amends GS 115D-58.15 to clarify that only local fundscan be used for lease-purchase or installment-purchase contracts for real property (was, only non-state funds).
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Bill H 754 (2013-2014)Summary date: Apr 11 2013 - View Summary
Amends GS 115D-58.15 to allow the board of trustees of a community college to use lease purchase or installment purchase contracts to purchase or finance the purchase of real property using non-state funds. Makes conforming changes to GS 115D-20. Effective July 1, 2013.