Bill Summary for H 364 (2025-2026)

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Summary date: 

Apr 16 2025

Bill Information:

View NCGA Bill Details(link is external)2025-2026 Session
House Bill 364 (Public) Filed Tuesday, March 11, 2025
AN ACT TO AUTHORIZE A LOCAL GOVERNMENT TO BORROW MONEY FOR THE PURPOSE OF ACCELERATING A LOCAL TRANSPORTATION PROJECT THAT IS IDENTIFIED FOR FUNDING UNDER THE STATE TRANSPORTATION IMPROVEMENT PROGRAM (STIP).
Intro. by Winslow, Chesser, Tyson, Paré.

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Bill summary

House committee substitute to the 1st edition makes the following changes. 

Amends GS 159-171 by making technical and clarifying changes. 

Amends the requirement that the Department of the State Treasurer, in consultation with the Department of Transportation, adopt rules to make sure they are consistent with Article 9 (was, Article 4) of GS Chapter 159. Makes other technical changes.