Bill Summary for H 129 (2011-2012)

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Summary date: 

Mar 28 2011

Bill Information:

View NCGA Bill Details2011-2012 Session
House Bill 129 (Public) Filed Thursday, February 17, 2011
TO PROTECT JOBS AND INVESTMENT BY REGULATING LOCAL GOVERNMENT COMPETITION WITH PRIVATE BUSINESS.
Intro. by Avila.

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Bill summary

House amendments makes the following changes to 2nd edition, as amended.
Amendment #4 amends proposed GS 160A-340.1(a)(8) (concerning requirements of a city- owned communications service provider in setting the price for communications services) to allow the city to amortize the capital assets of the communications system over the assets’ useful life in accordance with generally accepted principles of governmental accounting.
Amendment #5 further amends proposed GS 160A-340.2(c), which was previously amended by Amendment #1, to provide that the specified statutes do not apply to a city or joint agency providing communications service as of January 1, 2011, provided the city or joint agency limits the provision of communications services to any one or more of the listed services (was, limits the provision of communications service to the specified services).