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No events on calendar for this bill.
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Representative Ray Pickett(R)
Representative Kelly E. Hastings(R)
Representative Zack Hawkins(D)
Representative Kanika Brown(D)
Representative Maria Cervania(D)
Representative Rosa U. Gill(D)
Representative Wesley Harris, PhD(D)
Representative Chris Humphrey(R)
Representative Tim Longest(D)
Representative Lindsey Prather(D)
Representative Timothy Reeder, MD(R)
Representative Charles Smith(D)
Representative Larry C. Strickland(R)
Representative Pricey Harrison(D)
Representative Joe John(D)
Representative Ken Fontenot(R)
Representative Cynthia Ball(D)
Representative Mary Belk(D)
Representative Ya Liu(D)
Representative Frank Sossamon(R)
Representative Gloristine Brown(D)
Representative Frances Jackson, PhD(D)
Representative Bill Ward(R)
Representative Renée A. Price(D)
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Placed On Cal For 05/22/2024House | 2024-05-15Withdrawn From CalHouse | 2024-05-15Added to CalendarHouse | 2024-05-15Cal Pursuant Rule 36(b)House | 2024-05-15Serial Referral To Rules, Calendar, and Operations of the House StrickenHouse | 2024-05-15Reptd FavHouse | 2024-05-15Re-ref Com On FinanceHouse | 2024-05-08Reptd FavHouse | 2024-05-08Ref to the Com on Education - Universities, if favorable, Finance, if favorable, Rules, Calendar, and Operations of the HouseHouse | 2024-04-29Passed 1st ReadingHouse | 2024-04-29FiledHouse | 2024-04-24
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Passed 2nd ReadingHouse | 2024-05-15 | PASS: 110-1
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BOARDS
BUDGETING
BUILDINGS
CAPITAL SPENDING
COLLEGES & UNIVERSITIES
COUNTIES
EDUCATION
HIGHER EDUCATION
HOUSING
INFRASTRUCTURE
MUNICIPALITIES
PROPERTY
PUBLIC
STATE BUILDINGS
DEBT/STATE GOVERNMENT
UNC
UNC BOARD OF GOVERNORS
CUMBERLAND COUNTY
NEW HANOVER COUNTY
CHAPEL HILL
ORANGE COUNTY
FAYETTEVILLE
GREENVILLE
PITT COUNTY
WILMINGTON
PUBLIC BUILDINGS
PROPERTY-STATE GOVERNMENT
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116D-26 (Sections)
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No counties specifically cited.
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H912: 2024 UNC Self-Liquidating Capital Projects. Latest Version
Session: 2023 - 2024
AN ACT to AUTHORIZE THE FINANCING, WITHOUT APPROPRIATIONS FROM THE GENERAL FUND or the state capital and infrastructure fund, OF CERTAIN CAPITAL IMPROVEMENT PROJECTS OF THE CONSTITUENT INSTITUTIONS OF THE UNIVERSITY OF NORTH CAROLINA.
The General Assembly of North Carolina enacts:
SECTION 1. The purpose of this act is to authorize the financing of the capital improvement projects listed in this act for the respective institutions of The University of North Carolina with funds available to the institutions from gifts, grants, receipts, self‑liquidating indebtedness, Medicare reimbursements for education costs, hospital receipts from patient care, or other funds, or any combination of these funds, but not including funds received for tuition or appropriated from the General Fund or State Capital and Infrastructure Fund of the State unless previously authorized by General Statute.
SECTION 2. The capital improvement projects, and their respective costs, authorized by this act to be financed as provided in Section 1 of this act, including by revenue bonds, by special obligation bonds as authorized in Section 4 of this act, or by both, are as follows:
East Carolina University
Jones Hall/Legacy Hall – Comprehensive Renovation $60,000,000
Fayetteville State University
Dormitories $6,000,000
University of North Carolina at Chapel Hill
Chilled Water Infrastructure Expansion – Phase 1 $102,600,000
Translational Research Building $205,600,000
University of North Carolina at Wilmington
Seahawk Housing Complex Acquisition $97,400,000
SECTION 3. At the request of the Board of Governors of The University of North Carolina and upon determining that it is in the best interest of the State to do so, the Director of the Budget may authorize an increase or decrease in the cost of, or a change in the method of, funding the projects listed in this act. In determining whether to authorize a change in cost or funding, the Director of the Budget may consult with the Joint Legislative Commission on Governmental Operations.
SECTION 4. Pursuant to G.S. 116D‑26, the Board of Governors may issue, subject to the approval of the Director of the Budget, at one time or from time to time, special obligation bonds of the Board of Governors for the purpose of paying all or any part of the cost of acquiring, constructing, or providing for the projects listed in Section 2 of this act. The maximum principal amount of bonds to be issued shall not exceed the specified amounts in Section 2 of this act plus five percent (5%) of such amount to pay issuance expenses, fund reserve funds, pay capitalized interest, and pay other related additional costs plus any increase in the specific project costs authorized by the Director of the Budget pursuant to Section 3 of this act. The amounts specified in Section 2 of this act are not inclusive of other amounts that may have been authorized by an act of the General Assembly for the projects listed.
SECTION 5. This act is effective when it becomes law.