House committee substitute makes the following changes to the 1st edition.

Amends GS 58-36-3, under which moped endorsements are allowed as amended in this act, to provide that the North Carolina Rate Bureau has no jurisdiction over medical payments insurance, uninsured and underinsured motorists coverage, and other insurance coverages as written in connection with the sale of liability insurance (was, Bureau lacked jurisdiction only over liability insurance and theft or physical damage insurance).

Amends GS 58-40-10(1) to declare that a moped, as defined in GS 105-164.3, is not considered a private passenger motor vehicle (was, not considered a motorcycle, motorized scooter, or other similar motorized vehicle).

Directs the Division of Motor Vehicles, acting in conjunction with the Departments of Justice, Public Safety, and Insurance, to study whether there is a need for additional statutory changes in order to ensure the safe operation of mopeds. Specifies that the report from the study is to include data on (1) the number of mopeds involved in traffic accidents, (2) the types and number of injuries resulting from these traffic accidents, and (3) the causes for these traffic accidents. Directs the DMV to submit a report containing its analysis, findings, and recommendations, including any statutory changes, to the Joint Legislative Oversight Committee on or before February 1, 2016.

Renumbers sections accordingly.

Makes this act effective July 1, 2015 (was, December 1, 2014), and applies to offenses committed on or after that date.