NC H257

Authorizes North Carolina Municipal Power Agency Number 1 to invest funds in the Catawba Unit No. 1 and Catawba Unit No. 2 Decommissioning Trust Funds through the State Treasurer's Ancillary Governmental Participant Investment Program.

Adds the two Catawba decommissioning trust funds to the list of special funds that the State Treasurer may invest under G.S. 147-69.2.

Allows the State Treasurer to invest these decommissioning funds in additional investment options under subdivisions (b)(6c) and (b)(8) of G.S. 147-69.2, notwithstanding percentage limitations applied to Retirement Systems' investments.

Requires a minimum deposit of up to $100,000 and allows the State Treasurer to assess reasonable fees of up to 15 basis points per annum, with fees used to defray administration costs and other authorized expenditures.

Becomes effective upon enactment.