GENERAL ASSEMBLY OF NORTH CAROLINA SESSION 2025 S D SENATE BILL DRS35200-LGa-113 Short Title: Funds for TEAPOT Project. (Public) Sponsors: Senator Sanderson (Primary Sponsor). Referred to: *DRS35200 -LGa-113* A BILL TO BE ENTITLED 1 AN ACT TO APPROPRIATE FUNDS TO THE TOWN OF EDENTON FOR DOWNTOWN 2 DEVELOPMENT. 3 The General Assembly of North Carolina enacts: 4 SECTION 1. There is appropriated from the General Fund to the Office of State 5 Budget and Management the sum of eleven million dollars ($11,000,000) in nonrecurring funds 6 for the 2025-2026 fiscal year for the downtown development in the Town of Edenton, known as 7 the TEAPOT Project. These funds may be used for building renovation and additional downtown 8 development. 9 SECTION 2. This act becomes effective July 1, 2025. 10 FILED SENATE Mar 25, 2025 S.B. 501 PRINCIPAL CLERK