---
type: "Bill"
title: "Contingency Contracts for Audits/Assessments."
description: "Contingency Contracts for Audits/Assessments."
jurisdiction: "us/states/nc"
legislature: "North Carolina General Assembly"
session: "2011"
identifier: "HB 462"
citation: "North Carolina HB 462 (2011)"
classification: ["bill"]
subjects: ["AUDITING & AUDITS", "COMMERCE", "CONSUMER PROTECTION", "CONTRACTS", "CORPORATIONS", "FOR-PROFIT", "COUNCIL OF STATE", "DEATH & DYING", "DEATH BENEFITS", "FRANCHISES", "INSURANCE", "INSURANCE", "LIFE", "PRESENTED", "PUBLIC", "PUBLIC OFFICIALS", "RATIFIED", "REPORTS", "STATE TREASURER", "STUDIES", "TITLE CHANGE", "CHAPTERED", "REP. MCCORMICK"]
status: "enacted"
primary_sponsors: []
version_count: 10
action_count: 41
vote_count: 2
first_action: "2011-03-23"
last_action: "2012-07-12"
source: "openstates"
source_identifier: "ocd-bill/746f3bb2-a87b-4517-95c2-55eae88c3eba"
source_url: "http://www.ncleg.net/gascripts/BillLookUp/BillLookUp.pl?Session=2011&BillID=H462&votesToView=all"
source_hash: "b616b7d9377f3a5ffbf703c650cb75e617298b911748588cd564526192845040"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-nc"]
---

# North Carolina HB 462 (2011) — Contingency Contracts for Audits/Assessments.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Filed** (filed) — [source](http://www.ncleg.net/Sessions/2011/Bills/House/PDF/H462v0.pdf)
2. **A1: ARC-56-V-1** (committee substitute) — [source](https://webservices.ncleg.net/ViewBillDocument/2011/6689/0/H462-ARC-56-V-1)
3. **A2: ARC-57-V-2** (committee substitute) — [source](https://webservices.ncleg.net/ViewBillDocument/2011/6941/0/H462-ARC-57-V-2)
4. **A3: ARC-58-V-2** (committee substitute) — [source](https://webservices.ncleg.net/ViewBillDocument/2011/6943/0/H462-ARC-58-V-2)
5. **A4: ARC-59-V-1** (committee substitute) — [source](https://webservices.ncleg.net/ViewBillDocument/2011/6944/0/H462-ARC-59-V-1)
6. **Edition 1** (committee substitute) — [source](http://www.ncleg.net/Sessions/2011/Bills/House/PDF/H462v1.pdf)
7. **Edition 2** (committee substitute) — [source](http://www.ncleg.net/Sessions/2011/Bills/House/PDF/H462v2.pdf)
8. **Edition 3** (committee substitute) — [source](http://www.ncleg.net/Sessions/2011/Bills/House/PDF/H462v3.pdf)
9. **Ratified** (committee substitute) — [source](http://www.ncleg.net/Sessions/2011/Bills/House/PDF/H462v4.pdf)
10. **SL2012-152** (committee substitute) — [source](http://www.ncleg.net/Sessions/2011/Bills/House/PDF/H462v5.pdf)

## Votes

- Amendment 4 — **9–36** (fail) · upper
- M11 Concur — **111–3** (pass) · lower

## Sponsors

- McCormick — cosponsor (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2012-07-12** Ch. SL 2012-152 `became-law`
- **2012-07-12** Signed By Gov. 7/12/2012 `executive-signature`
- **2012-07-03** Pres. To Gov. 7/3/2012 `executive-receipt`
- **2012-07-03** Ratified
- **2012-07-03** Concurred In S/Com Sub `amendment-passage`
- **2012-06-28** Placed On Cal For 6/28/2012
- **2012-06-28** Cal Pursuant Rule 36(b)
- **2012-06-28** Reptd Fav To Concur `committee-passage-favorable`
- **2012-06-20** Ref To Com On Commerce and Job Development `referral-committee`
- **2012-06-20** Rec To Concur S Com Sub
- **2012-06-20** Rec From Senate
- **2012-06-19** Engrossed
- **2012-06-19** Passed 3rd Reading `passage, reading-3`
- **2012-06-19** Amend Failed 4 `amendment-failure`
- **2012-06-19** Amend Recon 4
- **2012-06-18** Placed On Cal For 6/19/2012
- **2012-06-18** Withdrawn From Cal
- **2012-06-18** Amend Adopted 4 `amendment-passage`
- **2012-06-18** Amend Adopted 3 `amendment-passage`
- **2012-06-18** Amend Adopted 2 `amendment-passage`
- **2012-06-14** Placed On Cal For 6/18/2012
- **2012-06-14** Withdrawn From Cal
- **2012-06-13** Placed On Cal For 6/14/2012
- **2012-06-13** Withdrawn From Cal
- **2012-06-12** Passed 2nd Reading `reading-2`
- **2012-06-12** Amend Adopted 1 `amendment-passage`
- **2012-06-11** Placed On Cal For 6/12/2012
- **2012-06-11** Withdrawn From Cal
- **2012-06-07** Com Substitute Adopted
- **2012-06-07** Reptd Fav Com Substitute `committee-passage-favorable`
- **2011-06-06** Ref To Com On Commerce `referral-committee`
- **2011-06-06** Passed 1st Reading `reading-1`
- **2011-06-06** Rec From House
- **2011-06-03** Passed 2nd & 3rd Reading `passage, reading-2, reading-3`
- **2011-06-03** Placed On Cal For 6/3/2011
- **2011-06-03** Cal Pursuant Rule 36(b)
- **2011-06-03** Reptd Fav `committee-passage-favorable`
- **2011-06-02** Assigned To Commerce and Job Development Subcommittee on Business and Labor `referral-committee`
- **2011-03-28** Ref To Com On Commerce and Job Development `referral-committee`
- **2011-03-28** Passed 1st Reading `reading-1`
- **2011-03-23** Filed `introduction`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/746f3bb2-a87b-4517-95c2-55eae88c3eba`. Confidence: reported (aggregated from official North Carolina legislature records).