AN ACT permitting the joint legislative study committee on public school funding formulas to extend its review of public school funding.

The General Assembly of North Carolina enacts:

SECTION 1.  The Joint Legislative Study Committee on Public School Funding Formulas, which was established on November 27, 2007, by the President Pro Tempore of the Senate and the Speaker of the House of Representatives pursuant to G.S. 120‑19.6(a1), Rule 31 of the Rules of the Senate of the 2007 General Assembly, and Rule 26(a) of the Rules of the House of Representatives of the 2007 General Assembly, and was subsequently modified by the President Pro Tempore of the Senate and the Speaker of the House of Representatives, may review the implementation of any modifications to school funding formulas that are enacted by the General Assembly upon the recommendation of the Committee and shall evaluate the impact of those modifications.
SECTION 2.  Notwithstanding G.S. 120‑19.6, the Committee may meet during sessions of the General Assembly.
SECTION 3.  The Committee may report to the General Assembly at least once a year on its activities.
SECTION 4.  The Committee shall terminate upon completion of its evaluation of modifications to public school funding formulas.
SECTION 5.  This act is effective when it becomes law.
In the General Assembly read three times and ratified this the 7th day of July, 2009.

	s/	 Walter H. Dalton
	 President of the Senate

	s/	 Joe Hackney
	 Speaker of the House of Representatives

	s/	 Beverly E. Perdue
	 Governor

Approved 10:44 a.m. this 10th day of July, 2009