Bill Summary for S 469 (2013-2014)
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| View NCGA Bill Details(link is external) | 2013-2014 Session |
A BILL TO BE ENTITLED AN ACT TO MAKE TECHNICAL AMENDMENTS TO THE STATE BUDGET ACT.Intro. by Brunstetter.
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Bill summary
Amends GS 143C-1-1(d)(19), clarifying that nontax revenue is revenue that is not a tax proceed or a departmental receipt that is required by statute to be credited to a fund (was, General Fund).
Amends GS 143C-1-1(d)(30), clarifying that unreserved fund balance is cash balance (previously, General Fund cash balance) effective June 30 after excluding documented encumbrances, unearned revenue, statutory requirements, and other legal obligations to a fund's cash balance (previously, General Fund cash).
Amends GS 143C-1-3(c), deleting GS 116-238 (previously repealed) from the list of funds that Article 8 of GS 143C apply to.
Amends GS 143C-3-5(e), changing subsection title to Availability Estimates (was, Revenue Estimate).
Amends GS 143C-9-6, changing section title to JDIG Reserve (was, JDIG Reserve Fund). Makes technical change.
Amends GS 143C-9-8(a), making a technical change.
Effective July 1, 2013.