NC S436

Permits community college boards of trustees to obtain insurance coverage as an alternative to surety bonds for employees handling institutional funds and property, with premiums paid from local funds.

Codifies the Community Colleges System President's authority to reorganize the System Office with State Board approval, requiring a report by March 1 of the fiscal year when reorganization occurs.

Reduces the minimum number of UNC laboratory schools from nine to six, while maintaining geographic diversity and quality educator preparation program standards for participating institutions.

Restructures the Future Teachers of North Carolina (FTNC) program from a course-based model to an application-based symposium for high school juniors and seniors, with oversight by an FTNC Advisory Council and reporting requirements beginning October 15, 2020.

Extends the deadline for the UNC Board of Governors Planning Task Force to submit its final STEM capital needs analysis report from April 1, 2019 to February 1, 2020, and allows appropriated funds to remain available through the 2019-2020 fiscal year.