A BILL TO BE ENTITLED
AN ACT to provide that the joint legislative education oversight committee shall study the policy of each of the constituent institutions of the university of north carolina regarding the acceptance or refusal of private grants and gifts to the institution.
The General Assembly of North Carolina enacts:
SECTION 1.  The Joint Legislative Education Oversight Committee shall study whether the constituent institutions of The University of North Carolina have policies and criteria regarding private grants and gifts to the institutions.  In its study, the Committee shall consider the criteria used by each constituent institution in determining whether to accept or refuse a private grant or gift, the official or governing body responsible for making that determination, and how the criteria are applied.  The Committee shall also evaluate whether improvements could be made regarding the policies and criteria.  The Committee shall make an interim report to the General Assembly, 2006 Regular Session, and shall make a final report to the 2007 General Assembly.
SECTION 2.  This act is effective when it becomes law.