H259 - 2023 Appropriations Act. (SL 2023-134)

Overview: Section 39.28 of S.L. 2023-134 amends the law (G.S. 143C-4-10) providing the Unfunded Liability Solvency Reserve by removing certain subsections in an effort to streamline the process for transferring funds intended to address the unfunded liabilities.

This section became effective October 3, 2023, and applies to fiscal years beginning on or after July 1, 2023.