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NC H57

Bill

Status

Passed

7/3/2013

Primary Sponsor

Julia Howard

Click for details

Origin

House of Representatives

2013-2014 Session

AI Summary

  • Prohibits local school administrative units from assessing indirect costs to child nutrition programs unless the program maintains a minimum one month's operating balance.

  • Defines "one month's operating balance" as net cash resources divided by one month's operating costs, with net cash resources calculated from all available monies less cash payables and liabilities.

  • Requires the Department of Public Instruction to calculate and publish an average monthly operating balance for each child nutrition program based on the average of three prior fiscal years' monthly balances.

  • Directs the North Carolina Procurement Alliance to promote optimal pricing for child nutrition program foods and supplies.

  • Effective July 1, 2013.

Legislative Description

Child Nutrition Program Solvency and Support

Last Action

Ch. SL 2013-235

7/3/2013

Committee Referrals

Education/Higher Education3/20/2013
Finance2/28/2013
Appropriations2/5/2013

Full Bill Text

No bill text available