AN ACT TO ENACT THE DEBT REDUCTION ACT OF 2011. Summarized in Daily Bulletin 3/30/11. Enacted May 3, 2011. Effective May 3, 2011.
DEBT REDUCTION ACT OF 2011.
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View NCGA Bill Details(link is external) | 2011-2012 Session |
TO ENACT THE DEBT REDUCTION ACT OF 2011.Intro. by Hunt, Brunstetter, Stevens.
Bill History:
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Wed, 30 Mar 2011 Senate: Filed(link is external)
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Thu, 31 Mar 2011 Senate: Passed 1st Reading(link is external)
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Thu, 31 Mar 2011 Senate: Ref To Com On Finance(link is external)
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Tue, 12 Apr 2011 Senate: Withdrawn From Com(link is external)
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Tue, 12 Apr 2011 Senate: Re-ref Com On Appropriations/Base Budget(link is external)
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Wed, 13 Apr 2011 Senate: Reptd Fav(link is external)
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Wed, 13 Apr 2011 Senate: Placed On Cal For 4/13/2011(link is external)
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Wed, 13 Apr 2011 Senate: Passed 2nd & 3rd Reading(link is external)
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Wed, 13 Apr 2011 House: Passed 1st Reading(link is external)
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Wed, 13 Apr 2011 House: Reptd Fav(link is external)
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Wed, 13 Apr 2011 House: Cal Pursuant Rule 36(b)(link is external)
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Wed, 13 Apr 2011 House: Placed On Cal For 4/14/2011(link is external)
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Thu, 14 Apr 2011 House: Withdrawn From Cal(link is external)
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Wed, 20 Apr 2011 House: Withdrawn From Com(link is external)
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Wed, 20 Apr 2011 House: Cal Pursuant Rule 36(b)(link is external)
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Tue, 26 Apr 2011 House: Placed On Cal For 4/28/2011(link is external)
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Thu, 28 Apr 2011 House: Passed 2nd & 3rd Reading(link is external)
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Mon, 2 May 2011 Ratified(link is external)
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Tue, 3 May 2011 Pres. To Gov. 5/3/2011(link is external)
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Tue, 3 May 2011 Signed By Gov. 5/3/2011(link is external)
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Tue, 3 May 2011 Ch. SL 2011-66(link is external)
Bill Summaries:
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Summary date: May 4 2011 - View Summary
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Bill S 464 (2011-2012)Summary date: Mar 30 2011 - View Summary
Amends Section 27.8(a) of SL 2008-107, as amended, allowing NC to issue or incur special indebtedness (1) in the maximum aggregate principal amount of $10 million (rather than $25 million) to finance capital improvement costs of acquiring state land throughout the University of North Carolina, and (2) in the maximum aggregate principal amount of $10 million (rather than $50 million) to finance the capital improvement costs of acquiring state park lands and conservation areas for the Land of Tomorrow initiative in the Department of Environment and Natural Resources. Makes conforming changes. Deletes provision authorizing special indebtedness to finance a horse park in Rockingham County for NC Agricultural and Technical State University. Repeals Sections 30.4(b), 30.7, and 30.11 in SL 2010-31. Prohibits the reauthorization or funding for any of the projects deauthorized by this act, to the extent of the deauthorization.