{"data":{"id":"us-nc/n.c.-gen.-stat.-143c-1-2","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 143C-1-2","heading":"Appropriations: constitutional requirement; reversions.","body":"(a)\tAppropriation Required to Withdraw State Funds From the State Treasury. - In accordance with Section 7 of Article V of the North Carolina Constitution, no money shall be drawn from the State treasury but in consequence of appropriations made by law. A law enacted by the General Assembly that expressly appropriates funds from the State treasury is an appropriation; however, an enactment by the General Assembly that describes the purpose of a fund, authorizes the use of funds, allows the use of funds, or specifies how funds may be expended, is not an appropriation.\n(b)\tReversions. - Unless otherwise provided by law, at the end of the fiscal year the unexpended, unencumbered balance of an appropriation reverts to the fund from which the appropriation was made; except that (i) an appropriation to the General Assembly shall not revert unless otherwise provided by the Legislative Services Commission, (ii) an appropriation for a capital improvement project shall revert as provided by G.S. 143C-8-11, and (iii) an appropriation for the implementation of information technology (IT) projects shall not revert until the project is implemented or abandoned. (2006-203, s. 3; 2019-250, s. 5.11.)","path":["Chapter 143C. State Budget Act.","Article 1. General Provisions."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_143C/GS_143C-1-2.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:22:47Z","sha256":"d43ff3d0876c7fb9e15ff6f21c0b0a37aae5ebac948e2f693a1cac8a3edcd16e","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-143c-1-1","next":"us-nc/n.c.-gen.-stat.-143c-1-3"},"notice":"GroundRules: Original legal text. Not legal advice."}