Provides that from the previous funds appropriated to the Board of Governors of the University of North Carolina from the General Fund for the Opportunity Scholarship Grant program, $11.8 million in recurring funds will be transferred to the Public School Building Capital Fund, for allocation to counties for school capital construction projects based on a per average daily membership basis. Specifies restrictions on the use of the funds.
Effective July 1, 2016.
USE OF EXCESS OPPORTUNITY SCHOLARSHIP FUNDS.
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| View NCGA Bill Details(link is external) | 2015-2016 Session |
AN ACT TO TRANSFER SOME OF THE FUNDS APPROPRIATED FOR THE OPPORTUNITY SCHOLARSHIP GRANT PROGRAM FOR THE 2016-2017 FISCAL YEAR TO THE PUBLIC SCHOOL BUILDING CAPITAL FUND TO BE USED FOR SCHOOL CONSTRUCTION PROJECTS IN LOCAL SCHOOL ADMINISTRATIVE UNITS.Intro. by L. Hall.
Status: Ref To Com On Appropriations (House Action) (May 11 2016)
Bill History:
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Tue, 10 May 2016 House: Filed(link is external)
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Wed, 11 May 2016 House: Passed 1st Reading(link is external)
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Wed, 11 May 2016 House: Ref To Com On Appropriations(link is external)
H 1095
Bill Summaries:
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Bill H 1095 (2015-2016)Summary date: May 10 2016 - View Summary
View: All Summaries for Bill