Bill Summary for H 572 (2011-2012)

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Bill: ACCOUNTABILITY FOR PUBLICLY FUNDED NONPROFITS.

Summary date: 

Jun 28 2012
S.L. 2012-169

Bill Information:

View NCGA Bill Details2011-2012 Session
House Bill 572 (Public) Filed Wednesday, March 30, 2011
TO PROVIDE GREATER ACCOUNTABILITY FOR NONPROFIT ENTITIES THAT RECEIVE PUBLIC FUNDING.
Intro. by Justice, Sager, Stevens, West.

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Bill summary

Senate amendments make the following changes to 4th edition. Amendment #1 makes technical and clarifying changes. Amendment #2 makes the financial statement requirement in proposed GS 55A-16-24 apply to corporations receiving over $5,000 of public funding in a year (previously applied to corporations receiving any amount).