Senate committee substitute makes the following changes to the 1st edition. 

Deletes the content of the previous edition and replaces it with the following.

Amends the act's short and long titles.

Amends GS 65-69 by adding that cemeteries licensed, or initially incorporated with the Secretary of State, between July 2, 1967, and September 1, 1975, may sell, mortgage, lease, or encumber the minimum acres of land required by the statute without prior approval from the North Carolina Cemetery Commission if: (1) at the time of licensure or incorporation, the population of the county in which the cemetery is located did not exceed 45,000 people according to the appropriate federal decennial census; (2) another private or public cemetery is located within a five-mile radius of the cemetery subject to the transaction; (3) at least 15 acres of cemetery land remain for use by the licensee as a cemetery, without mortgage, lease, or encumbrance; and (4) the purchaser of the land transfers 10% of the consideration or value of the interest conveyed, on up to 15 acres sold, to the perpetual care fund within 60 days of the sale. Makes additional clarifying changes.