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:2 [F 16d] <br />http://www.nega.state.ne.us/Sessions/2007/Bills/Senate... <br />. (®R <br />GENERAL ASSEMBLY OF NORTH CAROLINA <br />SESSION 2007. <br />S. <br />D <br />SENATE DRS65001-LB-3At (11/13) <br />Short Title: Lottery School Capital Fund Formula. <br />Sponsors: Senators Snow, and Nesbitt. <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(4) 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 pr6j ects -a ffel '? <br />(650%) of th <br />alleged -on a per average daily membership basis <br />according to the average daily membership for the budget <br />year as determined and- certified by the State Board of <br />7 ?? 1 M. MOM a•27 AT%A