Specifies 19 UNC and constituent institution capital improvement projects and their respective costs authorized to be constructed and financed with funds from gifts, grants, receipts, self-liquidating indebtedness, Medicare reimbursements, hospital receipts, and other funds not including funds received from tuition or appropriated from the General Fund. Also specifies four projects and their respective costs for which planning only can be undertaken with non-General Fund money. Provides for an increase or decrease in costs or changes to the funding methods by the Governor at the request of the UNC Board of Governors and the issuance of special obligation bonds.