A BILL TO BE ENTITLED
AN ACT to permit the community colleges system to use unspent funds to purchase instructional equipment.
The General Assembly of North Carolina enacts:
SECTION 1.  Up to fifteen million dollars ($15,000,000) in funds appropriated to the Community Colleges System Office that are not expended or encumbered on June 30, 2003, shall not revert on July 1, 2003, These funds shall remain available for expenditure until June 30, 2004, for the purchase of purchase instructional equipment, including computer technology equipment and lab and shop equipment.
SECTION 2.  This act becomes effective June 30, 2003.