A BILL TO BE ENTITLED
AN ACT to Provide for the Issuance of Bonds by the State of North Carolina for the Purposes of Ensuring that North Carolina Will Have Adequate Water and Sewer Infrastructure Necessary for Public Health and Economic Development, Providing Additional Assistance to Local Governments for the Replacement of Outdated and Inadequate Public School Facilities and Construction of New Facilities to Respond to Rapid Growth in School-Age Populations, Providing Funds for a Statewide "Land for Tomorrow" Program to Acquire, Protect, and Manage Critical Open Spaces and Recreational Areas; to Call for a Referendum to Authorize the Issuance of Such Bonds; and to Provide for a Dedicated Permanent Source of Funding for the Repayment of Such Bonds.
The General Assembly of North Carolina enacts:
SECTION 1.  This act amends the State finance laws.
SECTION 2.  This act is effective when it becomes law.