Bill Summaries: S309 (2023-2024 Session)

Tracking:
  • Bill S 309 (2023-2024)
    Summary date: Mar 14 2023 - View summary

    Substantively identical to H 364, filed 3/14/23.

    States the act's purpose. Authorizes the UNC Board of Governors (BOG) to issue, at one time or from time to time, revenue or special obligation bonds, or both, for the listed projects in the stated amounts at Appalachian State University, NC State University, UNC-Chapel Hill, UNC-Pembroke, and Western Carolina University. 

    Caps the maximum principal amount of bonds issued at the specified project cost plus 5% to pay issuance expenses and related costs. Permits the Director of the State Budget to authorize an increase or decrease in the cost of, or change the method of, funding for the authorized projects; allows consultation with the Joint Legislative Commission on Governmental Operations. 
    Government, Budget/Appropriations, State Agencies, UNC System
    UNCODIFIED

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