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NC H568

Bill

Official Source

Status

Introduced

4/5/2017

Primary Sponsor

Mark Brody

Click for details

Origin

House of Representatives

2017-2018 Session

AI Summary

  • Prohibits community colleges and the University of North Carolina from using institutional trust funds or investment earnings on those funds for political purposes.

  • Amends G.S. 115D-32 to restrict community colleges from using trust funds and investment earnings for expenditures or contributions under Chapter 163 of the General Statutes (which governs campaign finance and political activity).

  • Amends G.S. 116-36.1 to impose the same restriction on the University of North Carolina's trust funds and investment earnings.

  • Becomes effective July 1, 2017.

Legislative Description

UNC/Use of Institutional Trust Funds

Last Action

Ref To Com On Rules, Calendar, and Operations of the House

4/6/2017

Committee Referrals

Rules, Calendar, and Operations of the House4/6/2017

Full Bill Text

No bill text available