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NC H315
Bill
Status
3/8/2023
Primary Sponsor
John Faircloth
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AI Summary
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Amends Section 14.20A of S.L. 2016-94 to extend the reversion deadline for Rockingham/Guilford County regional water and sewer funding from June 30, 2023 to June 30, 2025.
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Removes the requirement that unspent or unencumbered funds be returned to the Office of State Budget and Management and reverted to the General Fund by the original deadline.
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Allows regional water and sewer funds to remain available until expended without reverting to the state.
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Applies to funds allocated for counties and municipalities that establish interlocal agreements or regional water and sewer authorities.
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Becomes effective June 30, 2023.
Legislative Description
Rockingham/Guilford Water/Sewer Funds
Budgeting; Funding; Infrastructure; Local Government; Public; Session Laws; Utilities; Water & Sewer Systems
Last Action
Ref to the Com on Appropriations, if favorable, Rules, Calendar, and Operations of the House
3/9/2023