Bill Summary for H 446 (2023-2024)
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Summary date:
Mar 22 2023
Bill Information:
View NCGA Bill Details | 2023-2024 Session |
AN ACT TO ALLOW CERTAIN EDUCATIONAL ORGANIZATIONS TO EXPEDITE THE PROCESS TO OBTAIN SURPLUS AND DECOMMISSIONED FEDERAL MATERIAL AND PROPERTY.Intro. by Johnson.
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Bill summary
As title indicates, creates new GS 143-64.5A to exempt educational organizations from the provisions of Part 2, Article 3A of Chapter 143 (designating the Department of Administration as the state agency for federal surplus property) if they are obtaining decommissioned and surplus material and property from the federal government, as long as the material/property is intended to be used for educational purposes. Defines educational organization as an organization with education as its primary purpose and that is a nonprofit, not-for-profit, or 501(c)(3) tax exempt entity.