Creates the Critical Public School Building Needs Fund (Fund), administered by the Department of Public Instruction and used to award grants to counties to assist with their critical public school building capital needs, awarded based on the county's need and ability to generate sales tax and property tax revenue.
Appropriates $25 million from the Education Lottery Fund to the Fund for 2016-17. Makes an additional $25 million appropriation from the Education Lottery Fund to the Fund for 2016-17, if Senate Bill 728 (Lottery-JLOC Recommendations) becomes law.
Effective July 1, 2016.
LOTTERY FUNDS FOR SCHOOL CONSTRUCTION.
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| View NCGA Bill Details(link is external) | 2015-2016 Session |
AN ACT TO DIRECT THAT A PORTION OF LOTTERY REVENUES BE ALLOCATED FOR K-12 SCHOOL CONSTRUCTION BASED UPON COUNTY NEED AND ABILITY TO PAY FOR SCHOOL CONSTRUCTION PROJECTS.Intro. by Brown.
Status: Ref To Com On Appropriations/Base Budget (Senate Action) (May 4 2016)
Bill History:
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Tue, 3 May 2016 Senate: Filed(link is external)
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Wed, 4 May 2016 Senate: Passed 1st Reading(link is external)
S 811
Bill Summaries:
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Bill S 811 (2015-2016)Summary date: May 3 2016 - View Summary
View: All Summaries for Bill