House committee substitute to the 1st edition makes the following changes. No longer amends the Charter of the Town of Oak Island to allow the Town to use proceeds from parking meters on public streets in the same manner in which proceeds from off-street parking facilities are used 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). Instead, sets out a provision allowing the Town of Oak Island to use the proceeds from any parking on public streets in the same manner in which proceeds from off-street parking facilities are permitted under GS 160A-301(b). Makes conforming changes to the act's titles.