Requires the Department of Transportation to terminate the Comprehensive Agreement, dated June 26, 2014, for the I-77 HOT Lanes project in Mecklenburg and Iredell counties.  The State remains liable for any damages or penalties owed as a result of early termination of the agreement; any damages or penalties owed shall be paid by the Department of Transportation from within the department's available unobligated funds.

The act becomes effective July 1, 2017.