Bill Summaries: S326 (2013-2014 Session)

Tracking:
  • Bill S 326 (2013-2014)
    Summary date: Mar 14 2013 - View summary

    Establishes a special fund called the Civil Penalties Litigation Fund (Fund) within the Civil Penalty and Forfeiture Fund. Requires money appropriated to the Fund to be allocated to local school administrative units on a per pupil basis to be spent on school technology. Beginning with the 2014-15 fiscal year, annually appropriates from the General Fund to the Fund a sum that is equal to the lesser of (1) 10% of any unreserved fund balance remaining in the General Fund at the end of the prior fiscal year; (2) $100 million; and (3) the amount owed to local school administrative units according to the Memorandum of Decision and Judgment filed August 8, 2008, in N.C. School Bds. Ass'n v. Moore. Provides that the funds supplement and do not supplant other funds appropriated for public school technology.
    Education
    UNCODIFIED

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