AN ACT to extend the period for local governments to refund specified unused assessments.

The General Assembly of North Carolina enacts:

SECTION 1.  Section 7 of S.L. 2010‑129 reads as rewritten:
"SECTION 7. A local government that imposed an assessment prior to 2012 to finance a capital project that has been assumed by another unit of local government may return unused assessments to the person that paid the assessment."
SECTION 2.  This act is effective when it becomes law.
In the General Assembly read three times and ratified this the 15th day of June, 2011.

	_____________________________________
		 Walter H. Dalton
	 President of the Senate

	_____________________________________
		 Thom Tillis
	 Speaker of the House of Representatives

	_____________________________________
		 Beverly E. Perdue
	 Governor

Approved __________.m. this ______________ day of ___________________, 2011