Part I

Creates the 15-member Teacher Retention Task Force (Task Force) within the Department of Public Instruction (DPI). Details membership and requires appointments to be made by August 1, 2020. Directs the Task Force to study six issues, including methods for improving teacher retention and local school administrative units with the highest teacher recoupment rates, and any other issue deemed relevant. Provides for the appointment of cochairs, Task Force powers, meetings and member expenses. Requires Task Force meetings to begin by September 1, 2020. Directs a final report to be submitted to the specified NCGA committee by September 1, 2021, with filing details specified. Terminates the Task Force on the earlier of September 1, 2021, or the filing of the final report.

Part II

Amends GS 115C-299.5 to require the State Board of Education to include in its annual report regarding the state of the teaching profession, data from the Teacher Working Conditions Survey and recommendations for improving teacher retention.

Part III

Appropriates $10,000 in nonrecurring funds from the General Fund to DPI for the 2020-21 fiscal year to support the Task Force.

Reenacts and incorporates by reference the provisions of GS Chapter 143C, the State Budget Act. Provides for the continued validity of any 2019 legislation expressly appropriating funds to an agency, department or institution covered under the act unless expressly repealed or amended by the act. Provides that this act supersedes any conflicting provision of HB 966 (Appropriations Act of 2019) or the specified Committee Report if that act becomes law.

Effective July 1, 2020.