House committee substitute to the 2nd edition makes the following changes. Changes the appointing authority for members of the Transylvania Rural Development Authority (Authority). Now provides that all nine members of the Authority are to be appointed by the Transylvania Economic Alliance rather than the Governor and the NCGA. Makes conforming changes. Mandates the Authority to appoint the Transylvania Economic Alliance to operate the Authority, within the limits of available funds (replacing the permissive authority to appoint and determine the qualifications, duties, and compensation of a secretary, legal counsel, technical experts, and any other officers, agents, and employees the Authority may require).