Appropriates $2 million in recurring funds for 2019-20 from the General Fund to the UNC Board of Governors to be allocated to North Carolina State University (NCSU) to support the Biomanufacturing Training and Education Center at NCSU for a collaborative effort to accelerate the development of innovative manufacturing processes for biopharmaceutical products. States the NCGA's intent: (1) to provide funding of $2 million per year for three years in order to provide a total $6 million in State funds as a match for a federal grant from the National Institute of Standards and Technology and (2) that thereafter no further funds will be appropriated for this purpose. Accordingly, requires the Office of State Budget and Management to remove the $2 million annual appropriation in UNC's base budget once the funding pledge has been fulfilled. Effective July 1, 2019.
Bill Summaries: H643 NC STATE/BIOPHARMA FUNDS.
Bill H 643 (2019-2020)Summary date: Apr 9 2019 - View Summary