NORTH CAROLINA GENERAL ASSEMBLY

1973 SESSION

 

 

CHAPTER 86

HOUSE BILL 336

 

 

AN ACT TO SPECIFY THE MANNER IN WHICH LOCAL GOVERNMENT AND PUBLIC AUTHORITY BUDGET ORDINANCES ARE TO BE PREPARED AND ADOPTED FOR THE FISCAL YEAR BEGINNING JULY 1, 1973.

 

The General Assembly of North Carolina enacts:

 

Section 1.  Chapter 780 of the 1971 Session Laws is amended by rewriting Section 44 thereof as follows:

"Sec. 44.  Except as provided in this section, this act becomes effective July 1, 1973. Units of local government and public authorities (as they are defined by G.S. 159-7(b), enacted by Section 1 of this act) shall prepare their budgets for the fiscal year beginning July 1, 1973, in accordance with the provisions and procedures of the Local Government Budget and Fiscal Control Act (Subchapter III of G.S. Chapter 159), as enacted by Section 1 of this act. However, units and public authorities shall adopt their budget ordinances for the fiscal year beginning July 1, 1973, no earlier than July 1, 1973, and no later than July 15, 1973."

Sec. 2.  This act takes effect upon ratification.

In the General Assembly read three times and ratified, this the 15th day of March, 1973.