GENERAL ASSEMBLY OF NORTH CAROLINA
1991 SESSION

CHAPTER 280
SENATE BILL 269

AN ACT TO ALLOW THE HIGHWAY FUND TO BE REIMBURSED BY THE HIGHWAY TRUST FUND FOR THE AMOUNT OF HIGHWAY FUND REVENUE USED TO MATCH FEDERAL FUNDS APPLIED TO A HIGHWAY TRUST FUND PROJECT.

The General Assembly of North Carolina enacts:

Section 1.  G.S. 136-176(c) reads as rewritten:
"(c)	If funds are received under 23 U.S.C. Chapter 1, Federal-Aid Highways, for a project for which funds in the Trust Fund may be used, the amount of federal funds received plus the amount of any funds from the Highway Fund that were used to match the federal funds may be transferred by the Secretary of Transportation from the Trust Fund to the Highway Fund and used for projects in the Transportation Improvement Program."
Sec. 2.  This act is effective upon ratification and applies to federal funds received on or after July 1, 1990, and funds in the Highway Fund used on or after that date to match the federal funds.
In the General Assembly read three times and ratified this the 13th day of June, 1991.

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James C. Gardner
President of the Senate

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Daniel Blue, Jr.
Speaker of the House of Representatives