Contains whereas clauses.

Enacts new GS 130A-63.1 (Economic impact study required for certain capital projects). Provides that a sanitary district board must submit the details of a capital project requiring the estimated expenditure of $10 million or more to the Local Government Commission (Commission) prior to accepting bids on the project. Directs the Commission to conduct an economic impact study to determine the impact the project will have on the sanitary district's assets and expenditures and those of neighboring local government units and public authorities and the effect the expenditures will have on the cost of raw water.

Applies only to sanitary districts in counties with a population of 100,000 or more, but not if the county has only one sanitary district within its boundaries.