A BILL TO BE ENTITLED
AN ACT to clarify provisions applicable to funds used in repayment of GARVEE bonds.
The General Assembly of North Carolina enacts:
SECTION 1.  G.S. 136‑17.2A(i) reads as rewritten:
"(i)	All funds used in repayment of "GARVEE" bonds issued pursuant to G.S. 136‑18(12b) shall be  subject to the provisions of this section." 
SECTION 2.  This act is effective when it becomes law.