NORTH CAROLINA GENERAL ASSEMBLY
1971 SESSION

CHAPTER 402
SENATE BILL 533

AN ACT AUTHORIZING THE TAX LEVYING AUTHORITY OF A COMMUNITY COLLEGE, TECHNICAL INSTITUTE AND INDUSTRIAL EDUCATION CENTER ORGANIZED AND OPERATED PURSUANT TO CHAPTER 115A OF THE GENERAL STATUTES TO PROVIDE FOR LOCAL FINANCIAL SUPPORT OF THE INSTITUTION.

The General Assembly of North Carolina do enact:

Section 1.  G.S. 115A-20 is amended by adding thereto subsection (f) to read as follows:
"§ 115A-20(f).  Notwithstanding any present provisions of this Chapter, the tax levying authority of each institution may at its discretion and upon its own motion provide by appropriations of nontax revenue and/or tax revenue, funds for the support of institutional purposes as set forth in G.S. 115A-19; but nothing herein shall be construed to authorize the issuance of bonds without a vote of the people."
Sec. 2.  This act shall become effective July 1, 1971.
In the General Assembly read three times and ratified, this the 19th day of May, 1971.