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NC H372
Bill
Status
Introduced
3/20/2013
Primary Sponsor
Deborah Ross
Click for details
AI Summary
- Modifies G.S. 143B-79 to require all net proceeds from the sale of property held in the Executive Mansion be deposited into the Executive Mansion Special Fund rather than dividing proceeds between the Special Fund and General Fund based on acquisition method
- Eliminates the previous distinction between property acquired by gift or devise (which went to the Special Fund) and property acquired by purchase with appropriated funds (which went to the General Fund)
- Specifies that Special Fund proceeds shall be used only for the purchase, conservation, restoration, or repair of property for use in the Executive Mansion, aligning with museum standards established by the American Alliance of Museums
- Maintains the existing review process requiring consultation with a committee comprised of representatives from the Executive Mansion Fine Arts Committee, Department of Administration, and Department of Cultural Resources before property disposition
- Takes effect upon becoming law
Legislative Description
Executive Mansion/Sale of Excess Property.-AB
Last Action
Ref to the Com on Government, if favorable, Finance
3/21/2013
Committee Referrals
Government3/21/2013
Full Bill Text
No bill text available