NORTH CAROLINA GENERAL ASSEMBLY

1965 SESSION

 

 

CHAPTER 1181

SENATE BILL 552

 

 

AN ACT TO REQUIRE THE SUBMISSION OF ADVANCE INFORMATION TO THE ADVISORY BUDGET COMMISSION CONCERNING PROJECTS TO BE FINANCED BY FUNDS OTHER THAN STATE FUNDS.

 

The General Assembly of North Carolina do enact:

 

Section 1.  All State agencies, funds, or State-supported institutions shall submit to the Department of Administration, as of the original date thereof, copies of all applications and requests for non-State funds, (including Federal funds), to be used for any purpose to which this Act is applicable. This Act shall be applicable to all projects and programs which do or may impose upon the State of North Carolina any substantial financial obligation at the time of or subsequent to the acceptance of any funds received upon any such application or request. Every State agency, fund or State-supported institution seeking non-State funds for any such project or program shall furnish to the Department of Administration and the Advisory Budget Commission with each such copy of application or request, a statement of the purposes for which any such project or program is desired or advocated, the source and amount of funds to be granted or provided therefor, and a statement of the conditions, if any, upon which such funds are to be provided.

Sec. 2.  All laws and clauses of laws in conflict with this Act are hereby repealed.

Sec. 3.  This Act shall become effective upon its ratification.

In the General Assembly read three times and ratified, this the 17th day of June, 1965.