A BILL TO BE ENTITLED
AN ACT to extend the time for spending certain water and sewer infrastructure funds.
The General Assembly of North Carolina enacts:
SECTION 1.  Section 2 of S.L. 2020‑63 reads as rewritten:
"SECTION 2.  Funds in Section 1 of this act not spent or encumbered by June 30, 2023, shall be returned by the local governments funded by Section 1 of this act to the Office of State Budget and Management and revert to the General Fund."
SECTION 2.  This act becomes effective July 1, 2021.