Bill Summary for S 207 (2013-2014)
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Summary date:
Mar 20 2013
S.L. 2013-150
Bill Information:
| View NCGA Bill Details | 2013-2014 Session |
A BILL TO BE ENTITLED AN ACT TO PROTECT THE FISCAL HEALTH OF NORTH CAROLINA'S WATER AND SEWER SYSTEMS.Intro. by Tucker.
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Bill summary
Senate committee amendment makes the following changes to the 1st edition.
Amends GS 159-181(d)(iii) to update the criteria that have to be met by a unit or public authority before the Local Government Commission may act to read, "the unit or public authority experienced a net loss of revenue from operations in the enterprise system using the modified accrual budgetary basis of accounting" (previously, "experienced a net loss of revenue in the enterprise system...").