13 | 13 | | A BILL TO BE ENTITLED 1 |
---|
14 | 14 | | AN ACT TO PROVIDE FUNDS FOR LAURINBURG-MAXTON AIRPORT. 2 |
---|
15 | 15 | | The General Assembly of North Carolina enacts: 3 |
---|
16 | 16 | | SECTION 1. There is appropriated from the Highway Fund to the Department of 4 |
---|
17 | 17 | | Transportation, Division of Aviation, the sum of fifty-two million five hundred thousand dollars 5 |
---|
18 | 18 | | ($52,500,000) in nonrecurring funds for the 2025-2026 fiscal year to be allocated to Southeast 6 |
---|
19 | 19 | | Regional Airport Authority to be used according to the following schedule: 7 |
---|
20 | 20 | | Runway 5/23 Extension $28,000,000 8 |
---|
21 | 21 | | Airport Capital Projects $15,000,000 9 |
---|
22 | 22 | | Water & Sewer Capital Projects $9,500,000 10 |
---|
23 | 23 | | SECTION 2. The Division shall submit a quarterly report on the use of funds to the 11 |
---|
24 | 24 | | Joint Legislative Transportation Oversight Committee and the Fiscal Research Division. 12 |
---|
25 | 25 | | SECTION 3. This act becomes effective July 1, 2025. 13 |
---|