A BILL TO BE ENTITLED
AN ACT to study the feasibility and advisability of transferring the north carolina global transpark authority from the department of transportation to the department of commerce.
The General Assembly of North Carolina enacts:
SECTION 1.  Study. – The Department of Transportation, in consultation with the Department of Commerce, shall study the feasibility and advisability of transferring the North Carolina Global TransPark Authority from the Department of Transportation to the Department of Commerce. The study shall consider all of the following:
(1)	The Strategic Plan developed by the North Carolina Global TransPark Authority, including (i) whether the goals set forth in the Strategic Plan are being met, (ii) what performance measures are being used to measure success or progress in meeting the goals set forth in the Strategic Plan, and (iii) whether any adjustments or updates to the Strategic Plan are necessary.
(2)	Any benefits that may arise from the transfer, including any cost‑savings or efficiencies that may be achieved.
(3)	Any issues that may arise from the transfer, including legal, financial, or other requirements that must be met to effectuate the transfer.
(4)	The type of transfer under G.S. 143A‑6 that should be utilized to effectuate the transfer.
(5)	Any other matters or information the Department of Transportation deems relevant to the study.
SECTION 2.  Report. – The Department of Transportation shall report its findings and recommendations, including any legislative proposals, to the Joint Legislative Transportation Oversight Committee no later than February 1, 2016.
SECTION 3.  Effective Date. – This act is effective when it becomes law.