Enacts new subsection (c1) to GS 120C-304, prohibiting any constitutional officer, head of any principal state department appointed by the Governor, or the chief deputy/administrative assistant of either from, within one year of leaving office or separation from state employment, accepting employment or compensation from any person or business entity that contracts with, does business with, or is regulated by the state in matters in which the public servant was directly involved during the final 36 months of the public servant’s term of office or state employment. Extends the time period required before legislators and certain public servants may register as a lobbyist from six months to one year. Effective January 1, 2012.