GENERAL ASSEMBLY OF NORTH CAROLINA

SESSION 2009

H                                                                                                                                                    1

HOUSE BILL 1811*

Short Title:        State Investment Study Technical Correction.		(Public)
Sponsors:	Representatives Michaux;  Dockham and Hughes.
Referred to:	Rules, Calendar, and Operations of the House.

May 19, 2010

A BILL TO BE ENTITLED

AN ACT to correct the authorization for the COMMISSION TO STUDY THE GOVERNANCE AND ADEQUACY OF THE INVESTMENT AUTHORITY OF VARIOUS STATE-OWNED FUNDS FOR THE PURPOSES OF ENHANCING THE RETURN ON INVESTMENTS, as recommended by the COMMISSION TO STUDY THE GOVERNANCE AND ADEQUACY OF THE INVESTMENT AUTHORITY OF VARIOUS STATE-OWNED FUNDS FOR THE PURPOSES OF ENHANCING THE RETURN ON INVESTMENTS.

The General Assembly of North Carolina enacts:

SECTION 1.  Section 47.4 of S.L. 2009-574 reads as rewritten:

"SECTION 47.4. The Commission shall make an interim report to the 2010 Regular Session of the 2009 General Assembly prior to its convening, and shall make a final report to the 2010 2011 Regular Session of the 2011 General Assembly. The report shall include any proposed legislation."

SECTION 2.  This act is effective when it becomes law.