Bill Text: NC H337 | 2013-2014 | Regular Session | Amended


Bill Title: Forsyth Tech Repurpose of Funds

Spectrum: Bipartisan Bill

Status: (Introduced - Dead) 2013-05-07 - Re-ref Com On Appropriations [H337 Detail]

Download: North_Carolina-2013-H337-Amended.html

GENERAL ASSEMBLY OF NORTH CAROLINA

SESSION 2013

H                                                                                                                                                   2

HOUSE BILL 337

Committee Substitute Favorable 5/8/13

 

Short Title:        Forsyth Tech Repurpose of Funds.

(Public)

Sponsors:

 

Referred to:

 

March 20, 2013

A BILL TO BE ENTITLED

AN ACT to provide funds to forsyth technical community college to be used for Operating costs for certain programs offered by the college.

The General Assembly of North Carolina enacts:

SECTION 1.  Of the funds appropriated to Forsyth Technical Community College in fiscal year 2005‑2006 for the construction of the Center for Emerging Technologies at Forsyth Technical Community College, the sum of three million dollars ($3,000,000) for fiscal year 2013‑2014 shall be transferred by the State Treasurer to Budget Code 26800 to be administered by the North Carolina Community Colleges System Office. The Community Colleges System Office shall allocate up to three hundred thousand dollars ($300,000) of these funds each fiscal year to Forsyth Technical Community College for the operating costs and lease expenses for the community college's biotechnology, nanotechnology, design, and advanced information technology programs; Small Business Center; and Corporate and Industrial Training programs. The Community Colleges System Office shall continue to allocate these funds to Forsyth Technical Community College for this purpose until those funds are expended. No additional State funds shall be made available to Forsyth Technical Community College to be used for the purposes described in this section.

SECTION 2.  This act becomes effective July 1, 2013.

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