A BILL TO BE ENTITLED
AN ACT directing the Joint legislative transportation oversight committee to study the effect the construction of the u.s. highway 64 bypass had on the flooding that occurred in the town of princeville from hurricane matthew and transferring HB2 Legal Defense funds to the Hurricane Matthew resiliency planning fund.
The General Assembly of North Carolina enacts:
SECTION 1.  Study. – The Joint Legislative Transportation Oversight Committee shall study the effect, if any, the construction of the U.S. Highway 64 Bypass had on the flooding associated with Hurricane Matthew that occurred in the Town of Princeville. The Committee shall report its findings, including any recommended legislation, to the 2018 Regular Session of the 2017 General Assembly upon its convening.
SECTION 2.  Transfer of Funds. – Notwithstanding any other provision of law, the sum of five hundred thousand dollars ($500,000) for the 2016‑2017 fiscal year that was appropriated in S.L. 2016‑94 for the purpose of HB2 legal defense shall instead be transferred to the Hurricane Matthew Resiliency Planning fund to be used for bridge, infrastructure, and dam construction in Edgecombe, Bertie, and Tyrrell Counties.
SECTION 3.  Effective Date. – This act is effective when it becomes law.