HOUSE BILLS – 2025-2026
CODE: S=Support; N=Neutral or No Position; O=Opposed; Updated: March 12, 2025
| BILL NUM. | SHORT TITLE | NCBA POS. | INTRO DATE | HOU. COM. | FULL HOU. | SEN. COM. | FULL SEN. | GOV SIGN | COMMENTS |
|---|---|---|---|---|---|---|---|---|---|
| H 13 | Charge for Payments by Credit or Debit Card | N | Provides that a merchant shall not impose a charge for payments by credit card or debit card that is more than the charge that the merchant pays to a payment card entity to facilitate or process these payments | ||||||
| H 38 | Second Amendment Financial Privacy Act | N | 2/5/25 | 2/25/25 | Prohibits a payment card network from using a firearms code in connection with a payment card transaction; assesses penalties for each violation; the filed version exempts a bank from the definition of a payment card network | ||||
| H 62 | Farmers Protection Act | O | 2/6/25 | 2/25/25 | Makes it unlawful for “a bank to deny or cancel its service to an agricultural producer based, in whole or in part, upon the agricultural producer’s greenhouse gas emissions, use of fossil-fuel derived fertilizer, or use of fossil-fuel powered machinery; requires an annual attestation by a bank; imposes a penalty of up to $10,000 per violation and makes a violation an unfair and deceptive trade practice | ||||
| H 79 | North Carolina Work and Save | N | 2/11/25 | Would create a small business retirement savings program to be administered by a board placed for administrative purposes within the Department of Commerce; would not apply to employees of companies that are offering a tax-favored retirement program or offered one within the preceding two years; see also S 110 | |||||
| H 92 | NC Digital Assets Investments Act | N | 2/12/25 | 3/5/25 | Authorizes the State Treasurer to invest monies from the state’s general fund and from other funds like the teachers’ and state employees’ retirement system in digital assets, having an average market capitalization of at least $750 billion, up to a cap of 10% of the balance of the fund at the time of the investment | ||||
| H 133 | NC Farmland and Military Protection Act | N | 2/17/25 | Would prohibit an “adversarial foreign government” as defined in the bill from acquiring or leasing agricultural land or land within a 75-mile radius of a military installation; any transfer in violation would be void | |||||
| H 187 | Credit Union Update | O | 2/24/25 | Appears to be a refiling of H 410 from last session, which the NCBA opposed; we are reviewing to see if there are material differences; note the bill currently only has a referral to Finance and Rules, bypassing the Commerce and Economic Development Committee (which would ordinarily hear banking-related bills) | |||||
| H 188 | Automatic Renewal of Contracts | N | 2/24/25 | 3/11/25 | Amends requirements for certain automatically renewing consumer contracts; of likely concern, see page 2 where it proposes to eliminate the exception for banks and a variety of other businesses | ||||
| H 235 | Fraudulent Deeds | N | 2/26/25 | Increases criminal penalties for filing fraudulent deeds; creates a right of action to try to clear title; we anticipate to soon see a separate bill filed on this topic which will be based on recommendations from registers of deeds, real estate attorneys and others | |||||
| H 264 | Wire Fraud Prevention Act | N | 3/4/25 | The bill seeks to reduce the incidence of wire fraud; among other things, it appears to require receiving banks to “verbally verify” the payment order of customers in all instances; this would almost certainly have the unintended effect of causing financial institutions to cease offering the initiation of wires through online or mobile banking; the bill also addresses refunds and funds availability in ways that appear contrary to controlling federal law | |||||
| H 315 | Gift Card Theft & Unlawful Business Entry | N | 3/5/25 | Section 1 adds a criminal penalty for unauthorized entry of a commercial business; sections 2-4 deal with theft of gift cards | |||||
| H 334 | GSC Unif. Community Prop. Disp. at Death Act | N | 3/6/25 | See also S 122; proposes to adopt the Uniform Community Property Disposition at Death Act as recommended by the General Statutes Commission; page 4 provides protections for third parties, including lien creditors | |||||
| H 356 | Permitted Trade Practices/Insurance Rebates.-AB | N | 3/10/25 | Within Chapter 58 (Insurance), the bill tweaks the exemptions in GS 58-63-15 (Unfair methods of competition and unfair or deceptive acts or practices defined) to include, among other things, “[e]ngaging in an arrangement that would not violate section 106 of the Bank Holding Company Amendments act of 1972… or section 5(q) of the Home Owners’ Loan Act…” | |||||
| H 360 | Homeowners Protection Act | N | 3/10/25 | Deals with the filing of fraudulent deeds and other real estate documents; creates criminal penalties; establishes expedited relief for victims | |||||
| H 361 | Funds to Fight Deed and Title Fraud | N | 3/10/25 | Related to H 360; appropriates funds to the Secretary of State to help provide antifraud training for employees of register of deeds offices; appropriates additional funds for needs-based grants to help registers of deeds upgrade their technology and fight fraud | |||||
| H 377 | Changes to Estates and Trusts Statutes | N | 3/11/25 | Would enact the NC Uniform Electronic Wills Act as Article 11 of Chapter 31, authorizing the use of wills executed electronically and the storing of attested written wills in electronic form; part III of the bill proposes to tweak the wording on trust administration in GS 36C-6-604 where it discusses breach of trust by a trustee to distribute trust property after death of the settlor “to any beneficiary in contravention of the rights of any person who may be affected by the outcome of a pending or possible judicial proceeding” if certain conditions are met; part III also clarifies that a court can assess costs and attorneys’ fees against beneficiaries who refuse to return a distribution if ordered to do so |
SENATE BILLS – 2025-2026
CODE: S=Support; N=Neutral or No Position; O=Opposed; Updated: March 12, 2025
| BILL NUM. | SHORT TITLE | NCBA POS. | INTRO DATE | HOU. COM. | FULL HOU. | SEN. COM. | FULL SEN. | GOV SIGN | COMMENTS |
|---|---|---|---|---|---|---|---|---|---|
| H 13 | Charge for Payments by Credit or Debit Card | N | Provides that a merchant shall not impose a charge for payments by credit card or debit card that is more than the charge that the merchant pays to a payment card entity to facilitate or process these payments | ||||||
| H 38 | Second Amendment Financial Privacy Act | N | 2/5/25 | 2/25/25 | Prohibits a payment card network from using a firearms code in connection with a payment card transaction; assesses penalties for each violation; the filed version exempts a bank from the definition of a payment card network | ||||
| H 62 | Farmers Protection Act | O | 2/6/25 | 2/25/25 | Makes it unlawful for “a bank to deny or cancel its service to an agricultural producer based, in whole or in part, upon the agricultural producer’s greenhouse gas emissions, use of fossil-fuel derived fertilizer, or use of fossil-fuel powered machinery; requires an annual attestation by a bank; imposes a penalty of up to $10,000 per violation and makes a violation an unfair and deceptive trade practice | ||||
| H 79 | North Carolina Work and Save | N | 2/11/25 | Would create a small business retirement savings program to be administered by a board placed for administrative purposes within the Department of Commerce; would not apply to employees of companies that are offering a tax-favored retirement program or offered one within the preceding two years; see also S 110 | |||||
| H 92 | NC Digital Assets Investments Act | N | 2/12/25 | 3/5/25 | Authorizes the State Treasurer to invest monies from the state’s general fund and from other funds like the teachers’ and state employees’ retirement system in digital assets, having an average market capitalization of at least $750 billion, up to a cap of 10% of the balance of the fund at the time of the investment | ||||
| H 133 | NC Farmland and Military Protection Act | N | 2/17/25 | Would prohibit an “adversarial foreign government” as defined in the bill from acquiring or leasing agricultural land or land within a 75-mile radius of a military installation; any transfer in violation would be void | |||||
| H 187 | Credit Union Update | O | 2/24/25 | Appears to be a refiling of H 410 from last session, which the NCBA opposed; we are reviewing to see if there are material differences; note the bill currently only has a referral to Finance and Rules, bypassing the Commerce and Economic Development Committee (which would ordinarily hear banking-related bills) | |||||
| H 188 | Automatic Renewal of Contracts | N | 2/24/25 | 3/11/25 | Amends requirements for certain automatically renewing consumer contracts; of likely concern, see page 2 where it proposes to eliminate the exception for banks and a variety of other businesses | ||||
| H 235 | Fraudulent Deeds | N | 2/26/25 | Increases criminal penalties for filing fraudulent deeds; creates a right of action to try to clear title; we anticipate to soon see a separate bill filed on this topic which will be based on recommendations from registers of deeds, real estate attorneys and others | |||||
| H 264 | Wire Fraud Prevention Act | N | 3/4/25 | The bill seeks to reduce the incidence of wire fraud; among other things, it appears to require receiving banks to “verbally verify” the payment order of customers in all instances; this would almost certainly have the unintended effect of causing financial institutions to cease offering the initiation of wires through online or mobile banking; the bill also addresses refunds and funds availability in ways that appear contrary to controlling federal law | |||||
| H 315 | Gift Card Theft & Unlawful Business Entry | N | 3/5/25 | Section 1 adds a criminal penalty for unauthorized entry of a commercial business; sections 2-4 deal with theft of gift cards | |||||
| H 334 | GSC Unif. Community Prop. Disp. at Death Act | N | 3/6/25 | See also S 122; proposes to adopt the Uniform Community Property Disposition at Death Act as recommended by the General Statutes Commission; page 4 provides protections for third parties, including lien creditors | |||||
| H 356 | Permitted Trade Practices/Insurance Rebates.-AB | N | 3/10/25 | Within Chapter 58 (Insurance), the bill tweaks the exemptions in GS 58-63-15 (Unfair methods of competition and unfair or deceptive acts or practices defined) to include, among other things, “[e]ngaging in an arrangement that would not violate section 106 of the Bank Holding Company Amendments act of 1972… or section 5(q) of the Home Owners’ Loan Act…” | |||||
| H 360 | Homeowners Protection Act | N | 3/10/25 | Deals with the filing of fraudulent deeds and other real estate documents; creates criminal penalties; establishes expedited relief for victims | |||||
| H 361 | Funds to Fight Deed and Title Fraud | N | 3/10/25 | Related to H 360; appropriates funds to the Secretary of State to help provide antifraud training for employees of register of deeds offices; appropriates additional funds for needs-based grants to help registers of deeds upgrade their technology and fight fraud | |||||
| H 377 | Changes to Estates and Trusts Statutes | N | 3/11/25 | Would enact the NC Uniform Electronic Wills Act as Article 11 of Chapter 31, authorizing the use of wills executed electronically and the storing of attested written wills in electronic form; part III of the bill proposes to tweak the wording on trust administration in GS 36C-6-604 where it discusses breach of trust by a trustee to distribute trust property after death of the settlor “to any beneficiary in contravention of the rights of any person who may be affected by the outcome of a pending or possible judicial proceeding” if certain conditions are met; part III also clarifies that a court can assess costs and attorneys’ fees against beneficiaries who refuse to return a distribution if ordered to do so |
Author: sdbrownlow
Student of Design