Bill Summaries: H 1182 UNC & COMM COLLEGES/SAVINGS INCENTIVES.

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  • Summary date: May 29 2012 - View Summary

    Enacts new GS 116-30.3C to authorize the constituent institutions of the University of North Carolina to carry forward realized savings as the title indicates. Provides that the General Fund realized savings are not to be used as a basis for reducing appropriations to the Board of Governors on behalf of any constituent institution.
    Enacts new GS 115D-31.4 to authorize each community college to carry forward 2% of its current operations credit balance as the title indicates.
    Effective July 1, 2012.