1949_session laws_1296_2
1342 CHAPTER 1295 AN ACT TO AMEND COMMITTEE SUBSTITUTE FOR HOUSE BILL NO. 33, RATIFIED AT THE 1949 SESSION OF THE LEGISLATURE. The General Assembly of North Carolina do enact:
Section 22% of Committee Substitute for House Bill No. 33, as amended, is hereby further amended by adding at the end of said Section the following: Tf the bonds authorized by House Committee Substitute for Senate Bill No. 203, as amended, for the construction, repair and improvement of school plant facilities are not issued, the twentyfive million dollars ($25,000,000) appropriated by this Section shall be allocated to the various counties of the State on the basis of two hundred fifty thousand dollars ($250,000) each. If the bonds provided for in House Committee Substitute for Senate Bill No. 203, as amended, are issued, the twenty-five million dollars ($25,000,000) provided for in this Section and the proceeds of the bonds issued pursuant to said House Committee Substitute for Senate Bill No. 203, as amended, shall be combined and the amount to be allocated in Section 2 of said House Committee Substitute for Senate Bill No. 203, as amended, is hereby increased to fifty million dollars ($50,000,000). This fifty million dollars ($50,000,000) shall be allocated as provided in Section 2 of House Committee Substitute for Senate Bill No. 203, as amended, on the basis of a two hundred fifty thousand dollar ($250,000) allocation to each county and a per capita allocation of twenty-five million dollars ($25,000,000) as therein provided.