S99 - Appropriations Act of 2018. (SL 2018-5)

Overview: OVERVIEW and ANALYSIS: Sec. 9.6 of S.L. 2018-5 repeals the North Carolina Community Colleges Instructional Trust Fund (Trust Fund). The cash balance remaining in the Trust Fund is transferred to the Board of Governors of The University of North Carolina for the 2018-2019 fiscal year to be allocated to the State Education Assistance Authority to award tuition grants to State residents who are graduates of the North Carolina School of Science and Mathematics.

This section became effective July 1, 2018.