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Daily Bulletin
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1995
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ACTIONS BY THE GENERAL ASSEMBLY OF NORTH CAROLINA
Legislative Reporting Service • Institute of Government • The University of North Carolina at Chapel Hill
Box 7294 State Legislative Building • Raleigh, NC 27611 • (919) 733-2484 • FAX (919) 733-4086
House Legislative Day 81
Vol. 1995, No. 81
Senate Legislative Day 81
Wednesday, June 14, 1995
BILLS INTRODUCED TODAY
None.
AMENDMENTS AND COMMITTEE SUBSTITUTES
Note: Dates of previous amendments and committee substitutes are indicated in Calendar Action.
SENATE BILLS
S 26. SCHOOL EXPULSION MODIFIED. Intro.
1/26/95.
House committee substitute replaces 3rd edition. Changes title to AN
ACT TO ENABLE LOCAL BOARDS OF EDUCATION TO EXPEL FROM SCHOOL THOSE STUDENTS WHOSE
CONTINUED PRESENCE IN SCHOOL CONSTITUTES A CLEAR THREAT TO THE SAFETY OF OTHER STUDENTS OR
EMPLOYEES and amends GS 1 1 5C-391 (d) to permit board of education to expel student whose behavior constitutes a clear
threat to the safety of others (was, a clear threat to the safety and health of others).
S 52. STATE-OWNED SUBMERGED LANDS. Intro.
1/26/95.
House committee substitute replaces 1st edition. Adds
provision clarifying that the intent of this act is to establish a compensation structure for utilization of public trust submerged
lands covered by navigable water and not to limit in any way a riparian or littoral owner from procuring permits, otherwise
consistent with the laws of this State. Authorizes the Dep't of Administration to grant
to adjoining riparian and littoral property owners, easements (for purposes of facilitating public use of public trust waters that
are accessible through privately owned piers, wharves, docks, marinas etc.) in lands covered by navigable waters or by the
waters of any lake owned by the State. Specifies the procedures for applying for such easements from the Dep't (establishes
rate structure of $1 ,000 per acre of footprint coverage with a minimum charge of $500). Establishes the Natural Resources
Easement Fund (nonreverting) for deposit of all easement purchase monies collected by the Dep't. Directs the net proceeds
to be transferred annually to the Wildlife Resources Commission for the express purpose of enhancing public trust resources.
Specifies that the Dep't may, with the prior written approval of the Governor and Council of State, revoke any such easement
upon the violation by the grantee or his assigns of the conditions upon which it was granted. Specifies that any such
revocation entitles the easement holder to file a contested case hearing petition under GS Ch. 150B, Art. 3.
S 331. TRUCK WEIGHT TOLERANCES LIMITS. Intro.
3/8/95.
House committee substitute replaces 3rd edition. Amends GS
20-1 18(h) to provide vehicle may exceed maximum and the inner axle-group weight limitations by tolerance of 10 percent
(underlined words added). Makes conforming change to GS 20-1 18(b)(3).
S 332. LATE CHARGES/REVOLVING CREDIT. Intro.
3/7/95.
House committee substitute replaces 3rd edition. Adds
provisions to GS 24-1.1 authorizing state and federally chartered banks, savings banks, and savings and loans to charge a
party to a renewal or extension of a loan a fee not to exceed the greater of 1% of the loan principal or $100. Repeals GS 24-
12, which makes Art. 2, GS Ch 24, applicable only to small, short-term loans secured by real estate, other than a first
mortgage. To expire July 1, 1999, adds GS 24-1. 2A(c) to provide that state and federally chartered banks, savings banks,
and savings and loans may charge a party to an equity line of credit interest and fees as agreed on in writing by the parties.
Amends GS 24-9 to provide that fees as well as interest may be charged corporations. To expire July 1 , 1999, amends GS
24-1 1(b) to delete banks and banking institutions from the lenders subject to maximum monthly rate of 1
1/2%.
To expire July
1 , 1999, adds new GS 24-1 1A to provide that when a state or federally chartered bank, savings bank, or savings and loan
extends open-end (revolving credit) it may charge interest and fees as agreed by the parties, all such fees to be deemed
interest under various applicable federal statutes. Amends GS 25A-14(a) to provide that the finance charge for a consumer
credit sale made under a revolving charge account may not exceed 21% per year. To expire July 1, 1999, amends GS 25A-
32 to increase the prepayment charge used in computing rebates from $25 to $50.
Copyright © 1995