Enacts new GS 116-235.5 authorizing the Board of Trustees of the NC School of Science and Mathematics (NCSSM) to establish a western campus in Morganton.
Appropriates $3,340,591 in recurring funds for 2002-21 from the General Fund to the UNC Board of Governors to be allocated to the NCSSM for operating funds, purchase of equipment and supplies, and for 46 new positions at the Morganton campus.
Appropriates $2,608,160 in recurring funds for 200-21 from the General Fund to the Office of State Budget and Management to be held in a reserve for allocation for the Morganton campus. Prohibits releasing the funds until July 1, 2021, and requires certification that the campus is to begin operation with the admittance of the first class of students beginning with the 2022-23 school year. Allows funds to be used, beginning with the 2021-22 fiscal year for operating expenses, equipment and supplies, and personnel.
States the NCGA's intent to appropriate from the General Fund to UNC Board of Governors the specified amounts in the 2021-22, 2022-23, and 2023-24 fiscal years or any financial obligations incurred to open and operate the Morganton campus.
Provides that if H 966 (2019 Appropriations Act) becomes law, then this act controls if any provision of that act or Committee Report conflicts with this act,
Effective July 1, 2020.
Bill Summaries: S783 FUNDS FOR NCSSM-MORGANTON CAMPUS.
Bill S 783 (2019-2020)Summary date: May 15 2020 - View Summary