Appropriates $500,000 for 2011-12 and $500,000 for 2012-13 from the General Fund to the Department of Health and Human Services, Office of Rural Health and Community Care (Office), to be allocated to the UNC-Chapel Hill School of Medicine’s Perinatal Quality Care Initiative of North Carolina (PQCNC) to fund research projects to help reduce infant mortality and morbidity. Requires PQCNC, in conjunction with the Office, Community Care of North Carolina, and in support of the Division of Medical Assistance’s Pregnancy Home Initiative, to adopt annual work plans that include research projects with health care providers and hospitals. Also requires PQCNC to submit progress reports on each project to the Office and the General Assembly. Effective July 1, 2011.