A BILL TO BE ENTITLED
AN ACT to allow net proceeds from the sale of certain lands owned by or under the control of the department of natural and cultural resources to be deposited into special funds to be used for the benefit of certain state historic sites and museums.
The General Assembly of North Carolina enacts:
SECTION 1.  G.S. 146‑30 reads as rewritten:
"§ 146‑30.  Application of net proceeds.
(a)	The net proceeds of any disposition made in accordance with this Subchapter shall be handled in accordance with the following priority:
(1)	First, in accordance with the provisions of any trust or other instrument of title whereby title to real property was acquired.
(2)	Second, as provided by any other act of the General Assembly.
(3)	Third, by depositing the net proceeds with the State Treasurer.
Nothing in this section, however, prohibits the disposition of any State lands by exchange for other lands, but if the appraised value in fee simple of any property involved in the exchange is at least twenty‑five thousand dollars ($25,000), then the exchange shall not be made without consultation with the Joint Legislative Commission on Governmental Operations.
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(d)	Notwithstanding any other provision of this Subchapter, the following exceptions apply:
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(11)	The net proceeds derived from the sale of land owned by or under the control of the Division of State Historic Sites and the Division of State History Museums in the Department of Natural and Cultural Resources shall be deposited in the State Historic Sites and Museums Fund, created in G.S. 121‑7.7(a), and shall be used in accordance with that section. This subdivision shall not apply to the Bentonville Battlefield State Historic Site or the North Carolina Transportation Museum.
(12)	The net proceeds derived from the sale of land owned by or under the control of the Division of Tryon Palace Historic Sites and Gardens in the Department of Natural and Cultural Resources shall be deposited in the Tryon Palace Historic Sites and Gardens Fund, created in G.S. 121‑21.1(a), and shall be used in accordance with that section."
SECTION 2.  This act is effective when it becomes law.