Bill Summary for H 1137 (2015-2016)
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Summary date:
May 31 2016
Bill Information:
| View NCGA Bill Details | 2015-2016 Session |
AN ACT TO ENACT THE TREASURER'S 2016 INVESTMENT AND ADMINISTRATIVE CHANGES ACT.Intro. by Ross, Lambeth, Adcock, Hamilton.
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Bill summary
House committee substitute makes the following changes to the 1st edition.
Amends GS 147-69.2A, concerning the Special Fund created within the Escheats Fund, to correct a statutory reference replacing GS 147-69.2(12)(c) with GS 147-69.2(b)(12)(c).
Makes clarifying changes to Section 4.4, providing that Sections 4.1, 4.2, 4.3, and 4.4 all become effective July 1, 2016, applying to all reporting (previously, stated that Section 4 became effective July 1, 2016, applying to all reporting) periods beginning on or after that date.