Bill Summary for S 426 (2011-2012)

Printer-friendly: Click to view

Summary date: 

May 18 2011

Bill Information:

View NCGA Bill Details2011-2012 Session
Senate Bill 426 (Public) Filed Thursday, March 24, 2011
TO MAKE CLARIFICATIONS AND MODIFICATIONS TO THE PUBLIC FINANCE STATUTES OF NORTH CAROLINA FOR THE IMPROVEMENT OF VARIOUS FINANCING STRUCTURES AND THE TERMS AND PROVISIONS OF THE FINANCING STRUCTURES.
Intro. by Clodfelter.

View: All Summaries for BillTracking:

Bill summary

Senate committee substitute makes the following changes to 2nd edition. Amends GS 153A-210.1 to create new subsection (b), providing that Article 9A of GS Chapter 153A (Special Assessments for Critical Infrastructure Needs) expires July 1, 2016, and clarifies that the expiration does not affect the validity of assessments imposed or bonds issued or authorized under the provisions of the Article before its expiration. Makes similar amendment to GS 160A-239.1.