A BILL TO BE ENTITLED
AN ACT to appropriate funds under the small business contractor act so as to increase participation by small businesses.
The General Assembly of North Carolina enacts:
SECTION 1.  There is appropriated from the General Fund to the Small Business Contractor Authority in the Department of Commerce for the 2004‑2005 fiscal year the sum of ten million dollars ($10,000,000) to be allocated as follows for use as provided under the Small Business Contractor Act, Part 18 of Article 10 of Chapter 143B of the General Statutes:
(1)	$6,000,000 for the Small Business Surety Bond Fund under G.S. 143B‑472.81.
(2)	$4,000,000 for the Small Business Contract Financing Fund under G.S. 143B‑478.79.
SECTION 2.  	This act becomes effective July 1, 2004.