GENERAL ASSEMBLY OF NORTH CAROLINA
1993 SESSION
CHAPTER 406
The General Assembly of North Carolina enacts:
Section 1. G.S. 116-36.4 reads as rewritten:
"§ 116-36.4. Vending facilities.
The Board of Governors shall, not later than October 1 of
each year, make review an itemized annual report in a format to
be determined by the Office of State Budget and Management to the Joint
Legislative Commission on Governmental Operations concerning the use of net
proceeds from operations of vending facilities for the previous fiscal year
under G.S. 116-36.1. Net proceeds may be used only as authorized by the
Board of Governors, but this section does not authorize expenditures for
purposes not otherwise authorized by law. The report shall be broken down itemized
by campus and by authorized purpose. The Board shall also review
an annual report from the UNC Hospitals, monitoring compliance with G.S.
143-12.1(f1). A copy of the report shall be provided to the Fiscal
Research Division of the Legislative Services Office."
Sec. 2. This act becomes effective August 1, 1993.
In the General Assembly read three times and ratified this the 20th day of July, 1993.
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Dennis A. Wicker
President of the Senate
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Daniel Blue, Jr.
Speaker of the House of Representatives