A BILL TO BE ENTITLED
AN ACT to expedite the use of federal stimulus funds.
The General Assembly of North Carolina enacts:
SECTION 1.  It is the intent of the General Assembly that the federal stimulus funds received by the State of North Carolina be spent as efficiently and effectively as possible to create jobs and otherwise improve the economy; therefore, the Office of Economic Recovery and Investment, the Office of State Construction, and the Office of State Budget and Management shall report to the General Assembly by May 1, 2009, on legislation necessary to expedite the process.
SECTION 2.  This act is effective when it becomes law.