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

Adds a new Part to the bill that amends GS 115C-445, which governs the deposit of money collected or received by an officer, employee, or agent of a local school administrative unit or an individual school. Requires that, if the board of education gives its approval, deposits be required only when the money on hand amounts to as much as $1,500 (was, $250). Makes conforming organizational changes.