AN ACT to extend the reporting deadline for the state and local fiscal modernization study commission, and to TEMPORARILY provide for the membership of the board of awards.

The General Assembly of North Carolina enacts:

SECTION 1.  Section 47.5 of S.L. 2006‑248 reads as rewritten:
"SECTION 47.5. The Commission shall report its  findings and recommendations to the 2007 Regular Session of the General Assembly no later than May 1, 2008. The Commission may make one or more interim reports. The Commission shall terminate upon the filing of its final report."
SECTION 2.  Notwithstanding G.S. 143‑52.1 and S.L. 2006‑203, through December 31, 2008, the members of the Advisory Budget Commission in office on June 30, 2007, shall continue to be eligible for appointment to the Board of Awards, and vacancies may be filled by the appointing authority. Through December 31, 2008, the Secretary of Administration shall appoint the Board of Awards from among those eligible.
SECTION 3.  This act is effective when it becomes law.
In the General Assembly read three times and ratified this the 27th day of June, 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