Bill Summary for S 753 (2019-2020)

Summary date: 

May 14 2020

Bill Information:

View NCGA Bill Details2019-2020 Session
Senate Bill 753 (Public) Filed Thursday, May 14, 2020
AN ACT TO PROVIDE FUNDS FOR FINANCIALLY DISTRESSED PUBLIC ENTERPRISES.
Intro. by Steinburg.

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Bill summary

Appropriates $5,427,000 in nonrecurring funds for 2019-20 from the General Fund to the Department of Environmental Quality to be allocated to the Division of Water Infrastructure for the following projects: (1) $3,353,000 to Tyrell County to fund payoff of principal for a federal loan for construction of a wastewater treatment plant and for emergency coverage of operating deficits in the County's water and wastewater system and (2) $2,074,000 to the Town of Columbia to fund payoff of principal for a federal loan for construction of a wastewater treatment plant. 

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