GENERAL ASSEMBLY OF NORTH CAROLINA SESSION 2025 S 1 SENATE BILL 502 Short Title: Cape Carteret Capital Funds. (Public) Sponsors: Senator Sanderson (Primary Sponsor). Referred to: Rules and Operations of the Senate March 26, 2025 *S502 -v-1* A BILL TO BE ENTITLED 1 AN ACT TO APPROPRIAT E FUNDS TO THE TOWN OF CAPE CARTERET FOR 2 CAPITAL NEEDS. 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 three million three hundred thousand dollars ($3,300,000) 6 in nonrecurring funds for the 2025-2026 fiscal year to provide a directed grant to the Town of 7 Cape Carteret for the construction of a new facility to serve as the town hall, police headquarters, 8 and emergency operations center. 9 SECTION 2. This act becomes effective July 1, 2025. 10