North Carolina 2025 2025-2026 Regular Session

North Carolina Senate Bill S501 Introduced / Bill

Filed 03/25/2025

                    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