House committee substitute to the 1st edition makes the following changes. Amends GS 160A-347, governing a city's creation of a perpetual care trust fund for cemeteries it owns or controls. Adds that when a city creates such a fund with the sole purpose of accepting perpetual care trust funds from a cemetery company regulated by the North Carolina Cemetery Commission that has elected to or is required to transfer a cemetery and perpetual care trust funds to the city, the city may only use the trust funds for the purpose of perpetually caring for, beautifying, and expanding that cemetery (was, city may either: (1) transfer the principal and income from the perpetual care trust fund to the city's general fund for establishing, operating, and maintaining cemeteries or (2) use the principal and income from the perpetual care trust fund for perpetually caring for, beautifying, and expanding the city's cemeteries).