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NC H446

Bill

Status

Engrossed

5/4/2023

Primary Sponsor

Jake Johnson

Click for details

Origin

House of Representatives

2023-2024 Session

AI Summary

  • Adds new section § 143-64.5A to North Carolina General Statutes exempting certain educational organizations from Part 2 of Article 3A of Chapter 143
  • Authorizes educational organizations to obtain decommissioned and surplus federal material and property through contracts and agreements with the federal government or its departments and agencies for educational purposes
  • Defines "educational organization" as an organization with education as its primary purpose that is a nonprofit organization, not-for-profit organization, or has tax-exempt status under 26 U.S.C. § 501(c)(3)
  • Exempts qualifying educational organizations from provisions and limitations that would otherwise apply to obtaining federal surplus property
  • Takes effect upon becoming law

Legislative Description

Expedite Surplus Prop./Educational Orgs

Corporations

Last Action

Ref To Com On Rules and Operations of the Senate

5/4/2023

Committee Referrals

Rules and Operations of the Senate5/4/2023
Rules, Calendar, and Operations of the House4/27/2023
Education - Universities3/23/2023

Full Bill Text

No bill text available