A BILL TO BE ENTITLED
AN ACT to provide funding to ensure adequate regulatory oversight in the licensing of professional employer organizations.
The General Assembly of North Carolina enacts:
SECTION 1.  There is appropriated from the General Fund to the Department of Insurance the sum of one hundred fifty thousand dollars ($150,000) for the 2005‑2006 fiscal year to be used to implement S.L. 2004‑162, An Act to Require Licensure of Professional Employer Organizations.
SECTION 2.  This act becomes effective July 1, 2005.