Bill Summary for H 1124 (2019-2020)

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Summary date: 

May 15 2020

Bill Information:

View NCGA Bill Details2019-2020 Session
House Bill 1124 (Public) Filed Thursday, May 14, 2020
AN ACT TO APPROPRIATE ADDITIONAL FUNDS TO THE NORTH CAROLINA HOUSING TRUST FUND.
Intro. by Montgomery, Holley.

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Bill summary

Appropriates $100 million in nonrecurring funds from the General Fund to the NC Housing Trust Fund for the 2020-21 fiscal year for purposes provided in GS Chapter 122E, the NC Housing Trust and Oil Overcharge Act. Effective July 1, 2020.