S640: Post-COVID-19 Development Funding. Latest Version

2021-2022

Senate
Passed 1st Reading
Rules
Committee



AN ACT to provide post‑covid‑19 appropriation funding to create economic development for Winston‑Salem State University and the Winston‑SALEM COMMUNITY at‑large through the renovation of the K.R. williams auditorium.

The General Assembly of North Carolina enacts:

SECTION 1.(a)  There is transferred from the General Fund to the State Capital and Infrastructure Fund the sum of fifty‑seven million dollars ($57,000,000) in nonrecurring funds for the 2021‑2022 fiscal year.

SECTION 1.(b)  There is appropriated from the State Capital and Infrastructure Fund to the Board of Governors of The University of North Carolina the sum of fifty‑seven million dollars ($57,000,000) in nonrecurring funds for the 2021‑2022 fiscal year to provide funds for the renovation of the Kenneth R. Williams Auditorium at Winston‑Salem State University.

SECTION 2.  This act becomes effective July 1, 2021.