Senate committee substitute replaces the 2nd edition in its entirety with the following. Makes conforming changes to the act's titles.
Appropriates $46,375,508 from the General Fund to the UNC Board of Governors in recurring funds for each year of the 2025-27 biennium to be allocated to the UNC constituent institutions to account for increased enrollment at those institutions.
Directs that if the act and any provision of GS 143C-5-4 (procedures to be followed when the Current Operations Appropriations Act does not become law prior to the end of certain fiscal years) are in conflict, then the act prevails. Specifies that the appropriations and the authorizations to allocate and spend funds are set out in the act remain in effect until the Current Operations Appropriations Act for the applicable fiscal year becomes law. When the Current Operations Appropriations Act for that fiscal year becomes law, instructs the Director of the Budget to adjust allotments to give effect to that act from July 1 of the fiscal year.
Effective retroactive to July 1, 2025.

Statutes affected:
Filed: 115C-320
Edition 1: 115C-320
Edition 2: 115C-320