AN ACT providing four‑year terms for all appointments to the property tax commission.

The General Assembly of North Carolina enacts:

SECTION 1.  G.S. 105‑288(a) reads as rewritten:
"(a)	Creation and Membership. – The Property Tax Commission is created. It consists of five members, three of whom are appointed by the Governor and two of whom are appointed by the General Assembly. Of the two appointments by the General Assembly, one shall be made upon the recommendation of the Speaker of the House of Representatives and the other shall be made upon the recommendation of the President Pro Tempore of the Senate. The terms of the members  are for four years and expire on June 30. The General Assembly shall make its appointments in accordance with G.S. 120‑121 and shall fill a vacancy in accordance with G.S. 120‑122. A vacancy occurs on the Commission when a member resigns, is removed, or dies. The person appointed to fill a vacancy shall serve for the balance of the unexpired term. The Governor may remove any member for misfeasance, malfeasance, or nonfeasance.
The Commission shall have a chair and a vice‑chair. The Governor shall designate one of the Commission members as the chair, to serve at the pleasure of the Governor. The members of the Commission shall elect a vice‑chair from among its membership. The vice‑chair serves until the member's regularly appointed term expires."
SECTION 2.  This act is effective when it becomes law and applies to appointments made after July 1, 2007.
In the General Assembly read three times and ratified this the 17th day of July, 2007.

	_____________________________________
		 Beverly E. Perdue
	 President of the Senate

	_____________________________________
		 Joe Hackney
	 Speaker of the House of Representatives

	_____________________________________
		 Michael F. Easley
	 Governor

Approved __________.m. this ______________ day of ___________________, 2007