SECTION 1. Chapter 2 of the charter of the town of North Reading is hereby amended by striking out section 2-4-1, as appearing in section 1 of  chapter 414 of the acts of 2010, and inserting in place thereof the following section:-

2-4-1 The first session of the spring annual town meeting shall meet regularly on any date in June not in conflict with a religious or legal holiday to consider and adopt an annual operating and capital budget, and to act on other financial matters, as well as to consider and act upon such other business as may properly come before the meeting; and the first session of the fall annual town meeting to be held on any date in October not in conflict with a religious or legal holiday to consider and act on matters of planning, zoning, subdivision control, building codes and all other matters of a by-law nature, as well as to consider and act upon such other business as may properly come before the meeting, including financial matters. The dates of the first sessions of the June and October annual town meetings shall be set by the select board at a public hearing to be held annually during a regularly scheduled meeting of the board to be held before March 31.

SECTION 2. This act shall take effect upon its passage.