GENERAL ASSEMBLY OF NORTH CAROLINA
SESSION 2001
S	1
SENATE BILL 734
     

 
Short Title:	Employment Security Funds.	()	
Sponsors:	Senator Dalton.	
Referred to:	Appropriations/Base Budget.	
April 2, 2001

A BILL TO BE ENTITLED
AN ACT TO APPROPRIATE FUNDS TO THE DEPARTMENT OF COMMUNITY COLLEGES FOR REGIONAL AND COOPERATIVE INITIATIVES.

The General Assembly of North Carolina enacts:
SECTION 1.  There is appropriated from the Employment Security Commission Training and Employment Account created in G.S. 96‑6.1 to the Community Colleges System Office the sum of twenty‑six million five hundred thirty thousand seven hundred twenty‑five dollars ($26,530,725) for the 2001‑2002 fiscal year.  These funds shall be used as follows:

	2001‑2002
1.	Equipment Funds	$17,430,725
2.	Regional and Cooperative
Initiatives	1,500,000
3.	New and Expanding Industry
Training Programs	5,500,000
4.	Focused Industrial Training
Programs	1,500,000
5.	Small Business Center Network	500,000
6.	Human Resource Development	       100,000
TOTAL	$26,530,725

Funds allocated for equipment, Regional and Cooperative Initiatives, New and Expanding Industry Training Programs, and Focused Industrial Training Programs shall be nonreverting.
Funds allocated for equipment shall be placed in the Equipment Reserve Fund and shall be allocated in accordance with the State Board's equipment allocation formula.
Funds allocated for Regional and Cooperative Initiatives shall be used for community college projects that foster regional cooperation among community colleges, public schools, universities, and private business and industry. In considering funding requests for this Fund, the Board may take into account significant job losses and other indicators of economic distress in the county or region served by the community college applicant. These funds shall be used only for the nonrecurring costs of starting new programs, expanding existing regional and cooperative programs, or both. Nonrecurring costs include, but are not limited to, the costs of equipment, program development, and instructional development. Funds for regional and cooperative initiatives shall not be used for construction, renovation, or other capital related costs.
SECTION 2.  Section 8 of S.L. 1999-321 reads as rewritten:
"Section 8.  Section 1 of this act is effective with respect to calendar quarters beginning on or after April 1, 1999.  Section 7 of this act becomes effective July 1, 1999.  The remainder of this act is effective with respect to calendar quarters beginning on or after January 1, 2000, and is repealed effective with respect to calendar quarters beginning on or after January 1, 2004."
SECTION 3.  This act becomes effective July 1, 2001.