H 1072 Summary

• Changes the due date for the North Carolina Turnpike Authority's annual audit report from the current timeframe to October of each year.

• Requires the audit of the Authority's books and accounts to be submitted to the Governor, the General Assembly, and the Department of Transportation when completed in October, rather than accompanying the annual activity report.

• Separates the submission of the annual audit from the annual report of activities, allowing them to be submitted at different times.

• Takes effect immediately upon becoming law.