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Agenda - 01-30-2007-1
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Agenda - 01-30-2007-1
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9/1/2008 11:08:34 PM
Creation date
8/28/2008 11:16:44 AM
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BOCC
Date
1/30/2007
Document Type
Agenda
Agenda Item
1
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Minutes - 20070130
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\Board of County Commissioners\Minutes - Approved\2000's\2007
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19 []Eiled] <br />http://www.ncga.state.nc.us/Sessions/2007/Bills/House... <br />. . (B I - <br />GENERAL ASSEMBLY OF NORTH CAROLINA <br />SESSION 2007 <br />H <br />D <br />HOUSE DRH70007-ST-2 (11/13) <br />Short Title: <br />School Capital Fund Formula/Lottery Proceeds. <br />Sponsors: I Representatives Goforth and J. Harrell (Primary .Sponsors). <br />Referred to: <br />A .BILL TO BE ENTITLED <br />AN ACT TO CHANGE THE SCHOOL CAPITAL- CONSTRUCTION <br />FORMULA IN THE. STATE LOTTERY ACT TO PROVIDE FOR <br />DISTRIBUTION OF - ALL THE. FUNDS BASED ON AVERAGE <br />DAILY MEMBERSHIP. <br />The. General Assembly of North Carolina enacts: <br />SECTION 1. G.S. 115C-546.2(d) reads as rewritten: <br />"(d) Monies transferred into the Fund in accordance with Chapter <br />18C of the General Statutes shall be allocated for capital projects for school <br />construction projects ns fel ews: . <br />(4) A sum equ?d to sixty-five pereent these mom* es <br />lleeate -on a per . average -daily membership basis <br />according to the average daily membership f6r the budget <br />year as determined and certified 'by the State Board of <br />1 .4' r) 1 /7,< 1r) 1) n7 0 .1 r AAA
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