S382 - Disaster Relief-3/Budget/Various Law Changes. (SL 2024-57)

Session Year 2024

Overview: Section 3J.20 of S.L. 2024‑57 allows The University of North Carolina to enter into agreements with one or more vendors to trade in any technological equipment purchased from the vendor or allow a vendor to buy back any technological equipment even if it was not purchased from the vendor. When distributing surplus computer equipment or entering into a trade‑in or buyback agreement, The University of North Carolina must keep records on the type of computer equipment, the quantity of equipment, and the name of the vendor subject to the agreement. This section adjusts the reporting date for information related to the disposition of computer equipment from December 1 to March 1 of each year.

This bill was vetoed by the Governor on November 26, 2024, and that veto was overridden by the General Assembly on December 11, 2024. This section of the act became effective December 11, 2024.

Additional Information: