Bill Summary for H 35 (2013-2014)

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Summary date: 

Jan 31 2013

Bill Information:

View NCGA Bill Details2013-2014 Session
House Bill 35 (Public) Filed Thursday, January 31, 2013
A BILL TO BE ENTITLED AN ACT TO PROHIBIT ISSUANCE OF DEBT UNDER THE STATE CAPITAL FACILITIES FINANCE ACT.
Intro. by R. Brown, Cleveland.

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Bill summary

As title indicates. Repeals the State Capital Facilities Finance Act (Article 9 of GS Chapter 142) and related statutes. Effective when the act becomes law; specifies how the act does not affect debt issued, incurred, or authorized before the date becomes law or authority to reimburse the General Fund.