NORTH CAROLINA GENERAL ASSEMBLY

1971 SESSION

 

 

CHAPTER 1077

HOUSE BILL 1430

 

 

AN ACT TO APPROPRIATE FUNDS FOR FISCAL YEAR 1972-1973 FOR DEBT SERVICE OF THE CLEAN WATER BOND ACT OF 1971 AND TO PROVIDE THAT UNEXPENDED FUNDS BE USED FOR ASSISTANCE GRANTS FOR WASTEWATER TREATMENT WORKS CONSTRUCTION.

 

The General Assembly of North Carolina enacts:

 

Section 1.  There is hereby appropriated from the General Fund of the State the sum of $750,000 for debt service during the fiscal year beginning July 1, 1972, and ending June 30, 1973, to pay accrued interest on bonds or bond anticipation notes issued pursuant to the Clean Water Bond Act of 1971.

Sec. 2.  If the funds, or any portion thereof, appropriated by this act are not expended for the purposes specified in Section 1, the unused funds shall be paid to the North Carolina Department of Water and Air Resources to be used by it for construction grants to units of State or local government for wastewater treatment works.

Sec. 3.  This act shall be effective upon ratification.

In the General Assembly read three times and ratified, this the 21st day of July, 1971.