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

Amends Section 2 of SL 2019-137 (pertaining to the conveyance of certain property to Pender County by the State so long as the property is used as a jail and law enforcement center) as follows. Allows Pender County to grant one or more deeds of trust (was, a deed) or similar security instruments related to the property in connection with the financing or refinancing of construction, acquisition, and equipping of the intended facility or the financing or refinancing of improvements, additions, or repairs to the property. Provides that the reversionary interest reserved by the State will be subordinate to any deeds of trust or similar security instruments granted by Pender County (was, if Pender County grants a deed of trust or similar security instrument related to the property conveyed by the State, the State’s reversionary interest in the property will be subordinate to the interest conveyed in the security instrument).