GENERAL ASSEMBLY OF NORTH CAROLINA

SESSION 2017

S                                                                                                                                                     1

SENATE BILL 753

Short Title:      Franklin & Wake/Daily Deposits.		(Local)
Sponsors:	Senator Alexander (Primary Sponsor).
Referred to:	Rules and Operations of the Senate

May 29, 2018

A BILL TO BE ENTITLED

AN ACT providing that the deposit of currency and coins into a cash vault that physically secures the cash and electronically records the deposit daily in an official depository bank qualifies as a daily deposit under the local government budget and fiscal control act for franklin and wake counties and the municipalities in those counties.

The General Assembly of North Carolina enacts:

SECTION 1.  Section 2 of S.L. 2011‑89 reads as rewritten:

"SECTION 2.  This act applies only to the City of Winston‑Salem only.Winston‑Salem, Franklin County and the municipalities in Franklin County, and Wake County and the municipalities in Wake County."

SECTION 2.  This act is effective when it becomes law.