Subject to voter approval at the November 3, 2026, general election, makes the following changes to Article II of the N.C. Constitution.

Amends Section 16 to set the compensation of legislators equal to the average annual salary of public school teachers paid from State funds, as determined by the Superintendent of Public Instruction, beginning on July 1 of each fiscal year. Provides for legislators to receive per diem, subsistence, and travel reimbursement consistent with similar allowances for State employees. Maintains that compensation and allowances for NCGA officers who are not legislators are as prescribed by law (previously, the same applied for legislators). Eliminates the provision postponing the effective date of any increase in the compensation or allowances of legislators to the next regular session following the session in which it was enacted. 

Adds new Section 25 to limit consecutive years of service by members of the House of Representatives and members of the Senate to 16 per chamber. Bars a House or Senate member disqualified from election to the next succeeding term from filling a vacancy in their respective chamber during that term. Excludes terms of office beginning before January 1, 2027. 

Amends Section 2 to increase senatorial terms to four years (was, two) beginning in 2028. Makes conforming changes to Section 8 (Elections). Amends Section 7, Article III (Other elective officers) and  Section 18(1), Article IV (District Attorneys) to provide for the quadrennial election of listed state officers and district attorneys at the same time Senators are elected (was, members of the NCGA). Further amends Section 7, Article III and Section 19, Article IV to provide that appointments to fill vacancies in specified elective offices continue until the next election for State House members (was, members of the NCGA).

Amends Section 11(1) of Article II to limit regular sessions of the NCGA during odd-numbered years to 120 calendar days beginning with the regular session in 2027. Excludes the period of adjournment of more than 10 calendar days following the initial convening of the regular session for no more than two consecutive calendar days. Limits regular sessions of the NCGA meeting in even-numbered years to 90 calendar days. Allows extending session once during sessions meeting in both odd- and even-numbered years by joint resolution for up to 10 calendar days. Excludes from the calculations reconvened sessions under Section 5 of Article III and sessions required in response to court orders in which only matters responding to the court order. Makes legislative actions taken in a regular session after the prescribed time limits have expired, other than adjournment resolutions, invalid.

Further amends Section 16 of Article II, adding that if the NCGA does not ratify a budget of the anticipated revenue and proposed expenditures of the State for the ensuring fiscal period by June 30, then the members' compensation and allowances will be forfeited from July 1 until the earlier of the ratification of the budget or the commencement of the next regular session.

Provides ballot language for the constitutional amendments and directives for the State Board of Elections and Secretary of State regarding certification and enrollment. Deems the amendments effective upon certification.