House committee substitute to the 2nd edition makes the following changes. 

Allows Asheville, in addition to the uses allowed under GS 160A-301(a) (which requires proceeds from the use of parking meters on public streets to be used to defray the cost of enforcing and administering traffic and parking ordinances and regulations), to use the proceeds from parking meters on public streets to fund any capital projects. Previously, the act allowed Asheville, notwithstanding GS 160A-301(a), to use proceeds from parking meters on public streets in the same way as proceeds from off-street parking facilities are allowed under GS 160A-301(b) (which allows revenue from off-street parking facilities to be pledged to amortize bonds issued to finance such facilities, or used for any other public purpose). Makes conforming changes to the act's long title.