Bill Summary for S 468 (2017-2018)
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Bill: QZAB USE MODIFICATION.
Summary date:
Jun 28 2017
Bill Information:
| View NCGA Bill Details(link is external) | 2017-2018 Session |
AN ACT TO MODIFY THE USES FOR QUALIFIED ZONE ACADEMY BONDS.Intro. by Brown.
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Bill summary
House amendment #1 makes the following changes to the 2nd edition.
Amends SL 2017-57, Section 5.3(e). Creates an exception to the prohibition on use of grant funds under that provision for real property acquisition or operational lease agreements, for funds used for projects when a pre-development agreement for an operational lease was entered into on or before June 30, 2017. Effective July 1, 2017.