AN ACT to extend the sunset on the law allowing capital lease financing for public schools.

The General Assembly of North Carolina enacts:

SECTION 1.  Section 3 of S.L. 2006‑232 reads as rewritten:
"SECTION 3. This act is effective when it becomes law and is repealed effective July 1, 2015."
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.

	s/	 Walter H. Dalton
	 President of the Senate

	s/	 Thom Tillis
	 Speaker of the House of Representatives

	s/	 Beverly E. Perdue
	 Governor

Approved 12:50 p.m. this 23rd day of June, 2011