Amends GS 108A-50.2, changing "Special Children Adoption Fund" to "Adoption Promotion Fund."

Recodifies GS 131D-10.1 through GS 131D-10.9 as Part 1 of Article 1A and enacts new Part 2, A Family for Every Child Initiative, consisting of GS 131D-10.9A and GS 131D-10.9B.

Enacts GS 131D-10.9A creating the 11-member Permanency Innovations Initiative Oversight Committee (the Committee). The Committee is directed to (1) design and implement a data tracking methodology to collect and analyze information to gauge the success of the initiative; (2) develop a methodology to identify short and long-term cost savings in the provision of foster care and any potential reinvestment strategies; (3) oversee program implementation to ensure fidelity to the program models; and (4) study, review, and recommend other policies and services that may positively impact permanency and well-being outcomes.

Enacts GS 131D-10.9B creating a Permanency Innovations Initiative Fund (Fund) that will support a demonstration project with services provided by Children's Home Society of North Carolina. This fund will (1) improve permanency outcomes for children living in foster care, (2) improve engagement with biological relatives of children in or at risk of entering foster care, and (3) reduce costs associated with maintaining children in foster care.

Appropriates $1.5 million for 2013-14 and $1.5 million for 2014-15 from the General Fund to the Division of Social Services to restore funds to the Adoption Promotion Fund.  Appropriates $2.5 million for 2013-14 and $4.25 million for 2014-15 from the General Fund to the Division of Social Services for the fund.

Effective July 1, 2013.