GENERAL ASSEMBLY OF NORTH CAROLINA
SESSION 2003
SESSION LAW 2004-184
SENATE BILL 3
AN ACT to provide funding for the NC Motorsports testing and research complex AND TO ADJUST THE US 17 INTRASTATE SYSTEM PROJECT.
The General Assembly of North Carolina enacts:
SECTION 1. If House Bill 1414, 2004 Regular Session, becomes law, then Section 2.2(a) of House Bill 1414 is amended by rewriting the entry in the chart for:
(1) Credit to Repairs and Renovations Reserve Account to read:
"Credit to Repairs and Renovations
Reserve Account (76,797,361)";
(2) Beginning Unreserved Credit Balance FY 2004-2005 to read:
"Beginning Unreserved Credit Balance FY
2004-2005 273,200,829";
(3) Total General Fund Availability to read:
"Total General Fund Availability 15,925,812,166";
(4) Revised General Fund Availability for 2004-2005 Fiscal Year to read:
"Revised General Fund Availability for
2004-2005 Fiscal Year 15,918,359,528";
and
(5) Less: Total General Fund Appropriations for 2004-2005 Fiscal Year to read:
"Less: Total General Fund Appropriations
for 2004-2005 Fiscal Year (15,918,359,528)".
SECTION 2. If House Bill 1414, 2004 Regular Session, becomes law, then Section 2.2(f) of S.L. 2003-284, as rewritten by Section 2.2.(b) of House Bill 1414, reads as rewritten:
"SECTION 2.2.(f) Notwithstanding
G.S. 143-15.2 and G.S. 143-15.3A, the State Controller shall transfer
seventy-eight million seven hundred ninety-seven thousand three hundred
sixty-one dollars ($78,797,361) seventy-six million seven hundred ninety-seven
thousand three hundred sixty-one dollars ($76,797,361) from the unreserved
credit balance to the Repairs and Renovations Reserve Account on June 30, 2004.
This subsection becomes effective June 30, 2004."
SECTION 3. If House Bill 1414, 2004 Regular Session, becomes law, then Section 32.1 of House Bill 1414 reads as rewritten:
"SECTION 32.1. There is appropriated from the General Fund for the 2004-2005 fiscal year the following amount for capital improvements:
Capital Improvements - General Fund 2004-2005
Department of Commerce - State Ports Authority
Wilmington Port Replace Crane Rail 2,000,000
Radio Island Development and Improvements 2,000,000
Department of Environment and Natural Resources
Water Resources Development Projects 26,492,000
North Carolina Museum of Art
Expansion Planning Funds 2,200,000
University of North Carolina System
Center for Design Innovation 2,000,000
Winston-Salem State University - Dept Life Sciences 2,000,000
UNC-Greensboro and NC A&T Millennium Campus 4,000,000
NC Motor Sports Testing and
Research
Complex
2,000,0004,000,000
UNC-Wilmington - School of Nursing 500,000
TOTAL CAPITAL IMPROVEMENTS - GENERAL
FUND
43,192,00045,192,000"
SECTION 4. G.S. 136-179 reads as rewritten:
"§ 136-179. Projects of Intrastate System funded from Trust Fund.
Funds allocated from the Trust Fund for the Intrastate System may be used only for the following projects of the Intrastate System:
Route Improvements Affected Counties
…
US-17 Complete 4-laning from Camden, Pasquotank,
Virginia Line to South Perquimans, Chowan,
Carolina Line (including Bertie, Martin,
Washington, New Bern, Beaufort, Craven,
Hampstead from Military Jones, Onslow
Cutoff Road in New Pender, New Hanover
Hanover County to US 17 Brunswick
north of Hampstead,
and Jacksonville
Bypasses)
…"
SECTION 5. This act becomes effective July 1, 2004.
In the General Assembly read three times and ratified this the 18th day of July, 2004.
s/ Marc Basnight
President Pro Tempore of the Senate
s/ Richard T. Morgan
Speaker of the House of Representatives
s/ Michael F. Easley
Governor
Approved 11:48 a.m. this 11th day of August, 2004