Bill Summaries: H631 (2023-2024 Session)

Tracking:
  • Bill H 631 (2023-2024)
    Summary date: Apr 17 2023 - View summary

    Enacts GS 116-29.6, establishing the University Research Status Enhancement Fund (Fund) as a nonreverting special fund to be administered by the UNC Board of Governors (BOG). Directs the BOG to allocate Fund moneys at their discretion to assist high research activity institutions in diversifying their degree-awarding programs and attracting additional research faculty. Further details the purpose of the Fund, including upgrading "high research activity institutions" into "very high research activity institutions," defined by classification as R2 or R1, respectively, by the most recent report of the Carnegie Classification of Institutions of Higher Education. 

    Appropriates $40 million in nonrecurring funds from the General Fund to the Fund for 2023-24 to be used for the limited purposes described in GS 116-29.6, as enacted. 
    Education, Higher Education, Government, Budget/Appropriations, State Agencies, UNC System
    APPROP, GS 116

© 2022 School of Government The University of North Carolina at Chapel Hill

This work is copyrighted and subject to "fair use" as permitted by federal copyright law. No portion of this publication may be reproduced or transmitted in any form or by any means without the express written permission of the publisher. Distribution by third parties is prohibited. Prohibited distribution includes, but is not limited to, posting, e-mailing, faxing, archiving in a public database, installing on intranets or servers, and redistributing via a computer network or in printed form. Unauthorized use or reproduction may result in legal action against the unauthorized user.