Amends the North Carolina Constitution (Constitution) as the title indicates. Proposes that only service as Speaker of the House of Representatives (Speaker) for any part of an odd-numbered year constitutes service as Speaker for that General Assembly for the purposes of the Constitution, Article II, Section 15, as amended.
Proposes that only service as President Pro Tempore of the Senate (President Pro Tem) for any part of an odd-numbered year constitutes service as President Pro Tem for that General Assembly for the purposes of the Constitution, Article II, Section 14, as amended.
Directs that both of the proposed amendments be submitted to the qualified voters of the State at the November 2012 general election with a “for” or “against” question presented on the ballot regarding the constitutional amendments providing that the Speaker and the President Pro Tem may not serve more than two terms.
Provides that if the majority vote is in favor of the proposed amendments that (1) the State Board of Elections is to certify the amendments to the Secretary of State and (2) the amendments become effective upon the convening of the next General Assembly on or after January 1, 2013. Prohibits service as Speaker or President Pro Tem prior to January 1, 2013, from being considered for purposes of the proposed amendments.