A BILL TO BE ENTITLED
AN ACT to appropriate funds to the north carolina association of community development corporations for community-based development activities.
The General Assembly of North Carolina enacts:
SECTION 1.  There is appropriated from the General Fund to the Department of Commerce the sum of seven hundred fifty‑nine thousand three hundred thirty‑six dollars ($759,336) for the 2006‑2007 fiscal year to be allocated to The North Carolina Association of Community Development Corporations, Inc., a nonprofit organization, for the purpose of assisting the organization with community-based development activities, including enhancing the work of local community development corporations in the State.
SECTION 2.  This act becomes effective July 1, 2006.