DEBT REDUCTION ACT OF 2011.

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2011-2012 Session

Senate Bill 464 (Public) Filed Wednesday, March 30, 2011

TO ENACT THE DEBT REDUCTION ACT OF 2011.

Intro. by Hunt, Brunstetter, Stevens.

Status: Ch. SL 2011-66 (Senate Action) (May 3 2011)

Bill History:

Wed, 30 Mar 2011 Senate: Filed
Thu, 31 Mar 2011 Senate: Passed 1st Reading
Thu, 31 Mar 2011 Senate: Ref To Com On Finance
Tue, 12 Apr 2011 Senate: Withdrawn From Com
Tue, 12 Apr 2011 Senate: Re-ref Com On Appropriations/Base Budget
Wed, 13 Apr 2011 Senate: Reptd Fav
Wed, 13 Apr 2011 Senate: Placed On Cal For 4/13/2011
Wed, 13 Apr 2011 Senate: Passed 2nd & 3rd Reading
Wed, 13 Apr 2011 House: Passed 1st Reading
Wed, 13 Apr 2011 House: Ref To Com On Rules, Calendar, and Operations of the House
Wed, 13 Apr 2011 House: Reptd Fav
Wed, 13 Apr 2011 House: Cal Pursuant Rule 36(b)
Wed, 13 Apr 2011 House: Placed On Cal For 4/14/2011
Thu, 14 Apr 2011 House: Withdrawn From Cal
Thu, 14 Apr 2011 House: Re-ref Com On Rules, Calendar, and Operations of the House
Wed, 20 Apr 2011 House: Withdrawn From Com
Wed, 20 Apr 2011 House: Cal Pursuant Rule 36(b)
Tue, 26 Apr 2011 House: Placed On Cal For 4/28/2011
Thu, 28 Apr 2011 House: Passed 2nd & 3rd Reading
Mon, 2 May 2011 Ratified
Tue, 3 May 2011 Pres. To Gov. 5/3/2011
Tue, 3 May 2011 Signed By Gov. 5/3/2011
Tue, 3 May 2011 Ch. SL 2011-66

S 464/S.L. 2011-66

Bill Summaries:

Bill S 464/SL 2011-66 (2011-2012)

Summary date: May 4 2011 - View Summary

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.

Budget/Appropriations, State Government
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.

Budget/Appropriations, State Government

UNCODIFIED

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