GENERAL ASSEMBLY OF NORTH CAROLINA

SESSION 1995

S	1 

SENATE BILL 1464

Short Title:  School Operating Funds for Capital.	(Public)

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Sponsors: Senator Rand.

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Referred to:  Education/Higher Education.

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June 3, 1996

A BILL TO BE ENTITLED
AN ACT TO CREATE A PILOT PROGRAM TO PERMIT CERTAIN LOCAL SCHOOL ADMINISTRATIVE UNITS TO USE OPERATING FUNDS FOR CAPITAL EXPENDITURES.
The General Assembly of North Carolina enacts:
Section 1.  The State Board of Education shall create a pilot program to permit certain local school administrative units to use school operating funds for capital expenditures under certain circumstances.
Sec. 2.  This act becomes effective July 1, 1996.