GENERAL ASSEMBLY OF NORTH CAROLINA

SESSION 1993

H	1 

HOUSE BILL 1377

Short Title:  Funds for State Treasurer.	(Public)
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Sponsors: Representative Baddour.
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Referred to:  Appropriations.
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May 13, 1993

A BILL TO BE ENTITLED
AN ACT TO APPROPRIATE FUNDS TO THE DEPARTMENT OF STATE TREASURER FOR THE ESTABLISHMENT AND SUPPORT OF VARIOUS POSITIONS AND FOR CERTAIN OPERATING EXPENSES.
The General Assembly of North Carolina enacts:
Section 1.  There is appropriated from the General Fund to the Department of State Treasurer the sum of one hundred forty-four thousand six hundred seventy dollars ($144,670) for the 1993-94 fiscal year and the sum of one hundred eighty-two thousand eight hundred fifty-nine dollars ($182,859) for the 1994-95 fiscal year to establish and support three financial analyst positions and for operating expenses for the State and Local Government Finance Division of the Department of State Treasurer.
Sec. 2.  There is appropriated from the General Fund to the Department of State Treasurer the sum of four hundred eighty-nine thousand six hundred thirty-six dollars ($489,636) for the 1993-94 fiscal year and the sum of nine hundred twenty-three thousand fifty-nine dollars ($923,059) for the 1994-95 fiscal year to establish and support the position of a portfolio manager and for operating expenses for the Investment and Banking Division of the Department of State Treasurer.
Sec. 3.  There is appropriated from the departmental receipts of the Department of State Treasurer the sum of fifty thousand three hundred fifty-seven dollars ($50,357) for the 1993-94 fiscal year and up to the sum of fifty-five thousand four hundred ninety-three dollars ($55,493) for the 1994-95 fiscal year to establish and support a Clerk IV position for the Department and for operating expenses of the Administrative Services Division for administering the Escheat Fund.
Sec. 4.  This act becomes effective July 1, 1993.