Transfers $15 million from the General Fund to the State Capital and Infrastructure Fund for the 2020-21 fiscal year. Appropriates the transferred funds to UNC Board of Governors (BOG) to provide for the planning of a new Brody School of Medicine at ECU. States legislative intent to transfer an additional $13 million from the General Fund to the State Capital and Infrastructure Fund for the 2021-22 fiscal year to be appropriated to the BOG to provide funds for the construction of a new Brody School of Medicine at ECU, with the amount authorized for the project set at $215 million. Conditions fund allocation, including future allocations, for the project upon the existence of and compliance with an affiliation agreement between UNC or ECU and the primary affiliated teaching hospital for the Brody School that requires at least 45% of the members of the Board of Trustees of the primary affiliated teaching hospital to be appointed by the BOG.

Provides for the act to supersede any conflicting provisions of HB 966 (Appropriations Act of 2019) and the identified Committee Report.

Effective July 1, 2020.