A BILL TO BE ENTITLED
AN ACT to change the school capital construction formula in the state lottery act to provide for distribution of all the funds based on average DAILY membership.
The General Assembly of North Carolina enacts:
SECTION 1.  G.S. 115C‑546.2(d) reads as rewritten:
"(d)	Monies transferred into the Fund in accordance with Chapter 18C of the General Statutes shall be allocated for capital projects for school construction projects 
	on a per average daily membership basis according to the average daily membership for the budget year as determined and certified by the State Board of Education.
					No county shall have to provide matching funds required under subsection (c) of this section.
	A county may use monies in this Fund to pay for school construction projects in local school administrative units and to retire indebtedness incurred for school construction projects incurred on or after January 1,  2000.
	A county may not use monies in this Fund to pay for school technology needs."
SECTION 2.  This act is effective when it becomes law.