GENERAL ASSEMBLY OF NORTH CAROLINA

SESSION 1997

S	1 

SENATE BILL 1131

Short Title:  NC TDA Capital Funds.	(Public)

─────────────────────────────────────── 
Sponsors: Senator Martin of Pitt.

─────────────────────────────────────── 
Referred to:  Appropriations.

─────────────────────────────────────── 

May 14, 1998

A BILL TO BE ENTITLED
AN ACT TO APPROPRIATE FUNDS TO NORTH CAROLINA TECHNOLOGICAL DEVELOPMENT AUTHORITY, INC., FOR THE CONSTRUCTION AND RENOVATION OF BUILDINGS.
The General Assembly of North Carolina enacts:
Section 1.  There is appropriated from the General Fund to the Department of Commerce the sum of six million five hundred thousand dollars ($6,500,000) for the 1998-99 fiscal year to be allocated to North Carolina Technological Development Authority, Inc., a nonprofit corporation, for the following:
(1)	To construct and upfit a building on the property owned by North Carolina Technological Development Authority, Inc., in the Research Triangle Park, to contain wet lab and office space for use by entrepreneurial concerns.
(2)	To renovate the existing building owned by North Carolina Technological Development Authority, Inc., in the Research Triangle Park.
Section 2.  This act becomes effective July 1, 1998.