GENERAL ASSEMBLY OF NORTH CAROLINA
SESSION 2001
S	1
SENATE BILL 760
     

 
Short Title:	NC Indian Economic Development Funds.	()	
Sponsors:	Senators Martin of Guilford;  Ballance and Weinstein.	
Referred to:	Appropriations/Base Budget.	
April 2, 2001

A BILL TO BE ENTITLED
AN ACT  TO APProPRIATE FUNDS TO THE NORTH CAROLINA INDIAN ECONOMIC DEVELOPMENT INITIATIVE, INC.

The General Assembly of North Carolina enacts:
SECTION 1.  There is appropriated from the General Fund to the North Carolina Indian Economic Development Initiative, Inc., a nonprofit corporation, the sum of one hundred fifty thousand dollars ($150,000) for the 2001‑2002 fiscal year to foster and promote economic development on behalf of, and in cooperation with, the State's recognized Indian tribes and organizations, and to promote the creation of new businesses and the expansion and growth of existing businesses among the American Indian population statewide.  The North Carolina Indian Economic Development Initiative, Inc., shall report to the Joint Legislative Commission on Governmental Operations regarding its progress and the expenditure of the funds by April 1, 2002, and shall make a final report to the Commission by October 1, 2002.
SECTION 2.  This act becomes effective July 1, 2001.