Senate committee substitute to the 1st edition removes the content of the previous edition and replaces it with the following. Makes conforming changes to the act's titles.
Section 1.1
Increases the amount appropriated under Section 5.1 of SL 2025-89 from the State Capital and Infrastructure Fund to the Office of State Budget and Management from $823,565,897 to $1,066,700,516 and adds allocations to the following budget codes: DPS23-3, DPS23-7, UNC/NCS23-4, UNC/A&T23-2, and UNC/NCC23-1. Requires that $100 million for 2025-26 be used exclusively for repairs and renovations projects at North Carolina Central University. Prohibits the Board of Governors from negatively weighing repair and renovations project funding allocations against North Carolina Central University with respect to the additional funding described in this subsection, and the funds described are in addition to and shall not supplant any funds currently earmarked or projected to be allocated to North Carolina Central University for repairs and renovations during the 2025-27 biennium. Makes conforming changes.
Amends Section 40.1(b) of SL 2023-134 by increasing the amount authorized for the following capital projects: DPS23-3 and DPS23-7.
Adds the following to Section 5.1 of SL 2025-89. Appropriates $2 million from the General Fund to the State Bureau of Investigation for 2025-26, with $1 million to be used for each of the following: (1) up to 125 Viper radios and (2) up to 14 replacement cars. Appropriates $3 million from the IT Reserve to the State Bureau of Investigation for 2025-26 for a case management system.
Part II.
Section 2.1
Provides that if this act and GS 143C-5-4 are in conflict, the provisions of this act prevail. The appropriations and the authorizations to allocate and spend funds which are set out in this act remain in effect until the Current Operations Appropriations Act for the applicable fiscal year becomes law, at which time that act becomes effective and governs appropriations and expenditures. When the Current Operations Appropriations Act for that fiscal year becomes law, the Director of the Budget is required to adjust allotments to give effect to that act from July 1 of the fiscal year.
Section 2.2
Effective retroactively to July 1, 2025.
Bill Summaries: H268 ADDITIONAL CAPITAL APPROPRIATIONS. (NEW)
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Bill H 268 (2025-2026)Summary date: Sep 22 2025 - View Summary
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Bill H 268 (2025-2026)Summary date: Mar 3 2025 - View Summary
Sets out the act's purpose as authorizing the financing of the capital improvement projects listed in this act for the respective UNC institutions with funds available to the institutions from gifts, grants, receipts, self-liquidating indebtedness, Medicare reimbursements for education costs, hospital receipts from patient care, or other funds, or any combination of these funds, but not including funds received for tuition or appropriated from the General Fund or State Capital and Infrastructure Fund of the State unless previously authorized by General Statute. Authorizes the following capital improvement projects, and their specified costs, to be financed as provided above: (1) UNC-Chapel Hill: Electrical Distribution System/Substations & Switchgear Upgrade, and Fetzer Hall Addition/Campus Recreation; (2) UNC-Wilmington Parking Deck III, and Student Housing Village - Phase III. Allows the Director of the Budget, at the request of the UNC Board of Governors and upon determining that it is in the best interest of the State to do so, to authorize an increase or decrease in the cost of, or a change in the method of, funding the projects listed in this act; allows consulting with the Joint Legislative Commission on Governmental Operations in deciding whether to make such changes.
Allows the UNC Board of Governors to issue, subject to approval of the Director of the Budget, at one time or from time to time, special obligation bonds of the Board of Governors for the purpose of paying all or any part of the cost of acquiring, constructing, or providing for the projects listed above. Caps the maximum principal amount of bonds to be issued at the amounts specified in the act plus 5% of such amount to pay issuance expenses, fund reserve funds, pay capitalized interest, and pay other related additional costs plus any increase in the specific project costs authorized by the Director of the Budget.