Bill Summary for H 1163 (2019-2020)
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Summary date:
May 19 2020
Bill Information:
| View NCGA Bill Details(link is external) | 2019-2020 Session |
AN ACT TO REALLOCATE CERTAIN WATER AND SEWER FUNDING AND TO TRANSFER CERTAIN PARCELS OF THE STONEWALL JACKSON MANUAL TRAINING AND INDUSTRIAL SCHOOL PROPERTY TO THE COUNTY OF CABARRUS AND TO CREATE A PILOT PROGRAM FOR SHELLFISH CULTIVATION OR WATER COLUMN LEASES IN BRUNSWICK COUNTY.Intro. by Faircloth, Hardister.
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Bill summary
Requires that funds allocated to Guilford County and the municipalities of Oak Ridge, Stokesdale, and Summerfield for water and wastewater system improvements by the specified session laws that remain unspent and unencumbered must be reallocated equally to Oak Ridge, Stokesdale, and Summerfield for each municipality's water infrastructure projects. Requires that funds not spent or encumbered by June 30, 2022, be returned by the local governments funded by this act to the Office of State Budget and Management and to revert to the General Fund.