HOUSE BILLS – 2025-2026
CODE: S=Support; N=Neutral or No Position; O=Opposed; Updated: May 22, 2025
| BILL NUM. | SHORT TITLE | NCBA POS. | INTRO DATE | HOU. COM. | FULL HOU. | SEN. COM. | FULL SEN. | GOV SIGN | COMMENTS |
|---|---|---|---|---|---|---|---|---|---|
| H 38 | Second Amendment Financial Privacy Act | N | 2/5/25 | 2/25/25 | 4/29/25 | 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 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 | 4/30/25 | See also S 327; 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 | 4/8/25 | 4/16/25 | See also S 394; would prohibit an “adversarial foreign government” as defined in the bill from acquiring or leasing agricultural land anywhere in North Carolina, or land within a 75-mile radius of a military installation (compared to a 25-mile radius in the similar Senate bill) | |||
| H 187 | Credit Union Update | O | 2/24/25 | 3/25/25 | 3/26/25 | 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 | 5/7/25 | Amends requirements for certain automatically renewing consumer contracts; initially the bill would have eliminated the exemption in a statute for banks and a variety of other businesses; after continued engagement with the primary sponsor, the exemption for banks was restored so as to prevent significant impacts on products like certificates of deposit and lines of credit | |||
| 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 315 | Gift Card Theft & Unlawful Business Entry | N | 3/5/25 | 3/18/25 | 3/26/25 | Section 1 adds a criminal penalty for unauthorized entry of a commercial business; sections 2-4 deal with theft of gift cards | |||
| H 356 | Permitted Trade Practices/Insurance Rebates.-AB | N | 3/10/25 | 3/19/25 | 5/7/25 | 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 anti-fraud 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 | 3/25/25 | 4/9/25 | See also S 309; 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 | |||
| H 388 | Amend Business Corporations Act | N | 3/12/25 | 3/25/25 | 4/2/25 | See S 267 for description | |||
| H 402 | NC REINS Act | N | 3/13/25 | 3/18/25 | 4/16/25 | See S 290; would affect rulemakings in the NC Administrative Code by state agencies; rules having an aggregate economic impact of at least $1 million in a 12-month period would become effective only if the General Assembly ratifies a bill approving the rule | |||
| H 432 | Property Tax Relief Study | N | 3/18/25 | 4/15/25 | 4/16/25 | Much changed from when it was originally filed as the Protect Our Homes Act; see Section 2 of the filed version: “Homestead exemption from forced sale” which has important implications for writs of execution/foreclosure; it protects a debtor’s primary residence from forced sale if it has been the primary residence for at least 40 consecutive months from the date of purchase (for claims in bankruptcy) or 24 consecutive months from the date of purchase for all other claims; the exemption is inapplicable in a number of instances, including as against claims “for payment of obligations contracted for the purchase of the specific real property affected;” perplexingly, doesn’t contain an exemption for refinances, which would appear to be a violation of the US Constitution’s contracts clause | |||
| H 462 | Personal Data Privacy/Social Media Safety | N | 3/19/25 | 4/29/25 | Exempts “Any financial institution or affiliate of a financial institution, all as defined in 15 U.S.C. § 6809, to the extent that the financial institution or affiliate is subject to Title V of the Gramm Leach Bliley Act (15 U.S.C. § 6801, et seq., as amended) and the rules and implementing regulations promulgated thereunder;” likely needs a further tweak to the wording | ||||
| H 506 | 2025 State Investment Modernization Act.-AB | N | 3/24/25 | 4/16/25 | 4/29/25 | See also S 709; creates the “North Carolina Investment Authority;” appears to shift NC away from being a state where a single fiduciary manages state funds to one where oversight and decision-making flows more through the board of directors of the NC Investment Authority | |||
| H 515 | North Carolina Economic Abuse Prevention Act | N | 3/25/25 | 4/29/25 | 5/7/25 | See also S 650; would not apply to secured debts; adds protections/relief from coerced debts; similar to a bill from last session | |||
| H 524 | Fraud Detection Alert System | N | 3/25/25 | 4/8/25 | Would require a county register of deeds to offer an alert system to notify property owners about filings of deeds and other land records affecting their properties | ||||
| H 535 | Title Fraud Prevention Act | N | 3/26/25 | 4/10/25 | 5/7/25 | As the title suggests | |||
| H 554 | Rev Laws Tech Chngs/BBA Chngs/P2P Tax Parity | N | 3/27/25 | Makes various changes to tax laws, including to 105-160.2 dealing with taxation of trusts and estates/apportionment | |||||
| H 729 | Farmland Protection Act | N | 4/2/25 | 4/15/25 | Would phase out the property tax exclusion for solar energy electric systems; this has implications for any financial institution that lends on solar farm projects; these projects tend to be low margin businesses so a reduction in the tax breaks may affect whether a project cash flows / loan repayment | ||||
| H 734 | Modernize Debt Settlement Prohibition | N | 4/2/25 | 4/15/25 | 4/16/25 | Makes changes to debt settlement laws, including making it an unfair trade practice; continues to recognize that certain persons are not deemed to be engaged in debt adjusting or debt settlement, including creditors and their agents with respect to debts owed to the creditor | |||
| H 754 | Fin. Exploit. Prevention/Savings Bank Updates | S | 4/2/25 | 4/15/25 | 5/7/25 | Filed at the request of the NC Bankers Association; allows for a financial institution to refuse or delay transactions in instances of suspected financial exploitation of older adults or disabled adults; the stay can be up to 30 business days and extended for up to an additional 30 days; the bill also updates laws for savings banks with regard to branching and removes a requirement that a savings bank director have significant ownership in the savings bank | |||
| H 762 | Modernize NC S.A.F.E. Act | N | 4/2/25 | 4/15/25 | 4/30/25 | Continues to exempt “registered mortgage loan originators” – a term that includes banks and their subsidiaries; makes various changes to update the supervisory laws with respect to mortgage origination | |||
| H 821 | Drivers License Expiration Moratorium | N | 4/8/25 | 4/16/25 | Would allow (class C) NC drivers’ licenses to continue to be valid for driving purposes up to two years after expiration; in the banking context, 31 CFR 1020.220 (customer identification program requirements) requires “unexpired government-issued identification” in order to meet verification of identity through documents; presumably, if a customer presented an expired driver’s license, then a bank would need to ask for a passport or shift to verification through non-documentary methods as set out elsewhere in the regulation | ||||
| H 836 | North Carolina Sound Money Act | N | 4/8/25 | 4/29/25 | Provides for adjustment to gross income for gain or loss associated with investment coins and bullion; provides that these, if made of gold or silver and meeting certain standards, may be used as legal tender in the State; however, goes on to say that no person is required to accept them for payment of debts or other purposes | ||||
| H 866 | Automatic Ord/Equitable Distribution Claim | N | 4/9/25 | 4/29/25 | 5/1/25 | Addresses divorce or separation and dividing of marital assets; provides that the order of the court shall address a variety of matters, including limits on incurring unreasonable debts and not removing the other party from a bank account without consent or order of the court | |||
| H 887 | Address Abandoned and Derelict Vessels | N | 4/9/25 | See S 505 | |||||
| H 909 | State Infrastructure Bank Board | N | 4/10/25 | 5/6/25 | 5/7/25 | Would create a State Infrastructure Bank Board to establish, administer, and receive federal funds; the state infrastructure bank would focus on transportation infrastructure projects, water and sewer projects, and other infrastructure projects | |||
| H 920 | NC Digital Asset Freedom Act | N | 4/10/25 | Would allow “digital assets” to be recognized as a “valid medium of exchange in North Carolina;” “a party to a transaction that uses a digital asset shall not require another party to disclose personal financial information;” affects NC money transmitter laws by adding a new law related to virtual currencies that sets daily transaction limits for kiosks | |||||
| H 923 | Protect Personal Info/Judicial Personnel | N | 4/10/25 | 4/29/25 | Proposes to allow judicial personnel like judges and district attorneys to request that counties remove their personal information from government websites; similar bills have been filed in prior sessions and were intended to protect the safety of these judicial personnel from criminals who may seek to locate their residences and retaliate against them; could have adverse impacts on matters like title searches unless there are alternative procedures created | ||||
| H 925 | Consumers in Crisis Protection Act | N | 4/10/25 | Would authorize consumer legal funding arrangements; generally, consumers would not be required to repay a consumer legal funding company unless the consumer obtains no recovery | |||||
| H 992 | Timeshare Foreclosures | N | 4/10/25 | 5/6/25 | 5/7/25 | As the title suggests | |||
| H 1010 | Home Ownership Market Manipulation | N | 4/15/25 | See S 199 |
SENATE BILLS – 2025-2026
CODE: S=Support; N=Neutral or No Position; O=Opposed; Updated: May 22, 2025
| BILL NUM. | SHORT TITLE | NCBA POS. | INTRO DATE | SEN. COM. | FULL SEN. | HOU. COM. | FULL HOU. | GOV SIGN | COMMENTS |
|---|---|---|---|---|---|---|---|---|---|
| S 101 | Protect Certain Tax-Advantaged Accounts | N | 2/13/25 | 3/25/25 | 4/3/25 | Protects funds held in education savings accounts and ABLE accounts for persons with disabilities from claims of creditors | |||
| S 110 | North Carolina Work and Save | N | 2/17/25 | Appears similar to H 79, but proposes to administratively house the NC Small Business Retirement Savings Board within the Department of the State Treasurer instead of the Department of Commerce | |||||
| S 117 | GSC Uniform Comm. Code/Emerging Technologies | N | 2/18/25 | 3/25/25 | 3/27/25 | A 94-page bill filed at the request of the General Statutes Commission (a committee appointed by the General Assembly and comprised of two legislators and a group of law school professors); Would create a new Article 12 of Chapter 25 (Uniform Commercial Code) consistent with proposals by the American Law Institute and the Uniform Law Commission to address emerging technologies like virtual currencies, blockchain, and artificial intelligence; Part II includes conforming changes to the UCC Article 9 (Secured Transactions) and Part III makes conforming changes to other articles | |||
| S 122 | GSC Unif. Community Prop. Disp. At Death Act | N | 2/21/25 | 3/18/25 | 3/26/25 | See also H 334; 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 | |||
| S 159 | Elderly Prop. Tax Appreciation Exclusion | N | 2/25/25 | As the title suggests; on page 2, it addresses mortgages/deeds of trust, noting, among other things, that any provision in such an agreement that prohibits the owner from deferring taxes on property is void. | |||||
| S 199 | Home Ownership Market Manipulation | N | 2/27/25 | See also S 432; would make it unlawful for a person, including affiliates to purchase single-family homes for a purpose other than use as a residence of the person, if person owns 100 or more single-family homes – in counties with more a population greater than 150,000 – that are used primarily for rental purposes | |||||
| S 257 | 2025 Appropriations Act | N | 3/10/25 | 4/15/25 | 4/17/25 | Proposed state budget | |||
| S 266 | Historic Flood Event Bldg. Code Exemption | N | 3/11/25 | 4/16/25 | 5/7/25 | Generally allows the owner of a building damaged by a historic flood event (a flood event that meets or exceeds a 200-year flood) to replace or reconstruct the building or structure to the same or lesser extent or volume, without regard to state or local regulations adopted after the building or structure was established | |||
| S 290 | NC REINS Act | N | 3/13/25 | See H 402 | |||||
| S 327 | NC Bitcoin Reserve and Investment Act | N | 3/18/25 | Has some similarities to H 92; authorizes up to 10% of state public funds to be placed into Bitcoin | |||||
| S 378 | HOA Revisions | N | 3/20/25 | 5/6/25 | 5/7/25 | Changes to the law governing homeowners associations; being reviewed for any impacts such as on secured creditors | |||
| S 394 | Prohibit Foreign Ownership of NC Land | N | 3/24/25 | 4/8/25 | 5/1/25 | See also H 133; would prohibit an “adversarial foreign government” from owning or leasing agricultural land anywhere in North Carolina, or any property within 25 miles of a military base | |||
| S 423 | Title Fraud Prevention | N | 3/24/25 | 4/29/25 | 5/1/25 | One of a series of bills dealing with the problem of fraudulent deeds | |||
| S 426 | Student Borrowers’ Bill of Rights | N | 3/24/25 | A refiling of a bill from last session; exempts banks; creates a registration system for certain student loan servicers and creates an ombudsman to help with complaints within the Office of the Commissioner of Banks | |||||
| S 432 | Home Ownership Market Manipulation | N | 3/24/25 | See also S 199 | |||||
| S 440 | 2025 Governor’s Budget | N | 3/24/25 | As the title suggests | |||||
| S 474 | The DAVE Act | N | 3/24/25 | 4/2/25 | 4/9/25 | Would create the “Division of Accountability, Value, and Efficiency” (DAVE) within the Department of the State Auditor to identify ways to trim state government | |||
| S 478 | Enhancing Ag. Opportunities in Rural NC | S | 3/25/25 | Would create a tax deduction for banks for certain agriculture loans; by applying a deduction, banks would be able to pass through savings to borrowers in the form of a lower interest rate and be more in line with the offerings by farm credit banks | |||||
| S 484 | Workplace Violence Prevention/Mass Picketing | N | 3/25/25 | 4/29/25 | 5/7/25 | Addresses matters like picketing/protests that are disruptive and prevent employees from safely entering the workplace | |||
| S 491 | NC Debt Settlement Services | N | 3/25/25 | Exempts banks; creates new laws concerning debt settlement services | |||||
| S 505 | Address Abandoned and Derelict Vessels | N | 3/25/25 | See also H 887; an apparent refiling of a bill from last session; as the title suggests; may need to be tweaked to provide notice to lienholders | |||||
| S 554 | Farmers Protection Act | N | 3/25/25 | 4/16/25 | 5/7/25 | See also H 62: after negotiation with and changes to the bill by the primary sponsor, we have shifted our position on the Senate version from opposition to neutral; the Senate version creates a protected class for farmers, with it unlawful for NC state-chartered banks, savings banks, and credit unions to deny or cancel services based on a farmer’s use of fossil-fuel powered machinery or fossil-fuel derived fertilizer; enforcement would be by the state bank/credit union regulators | |||
| S 577 | Title Insurance Kickbacks Clarification | N | 3/25/25 | Clarifies in the title insurance context the actions that should not be misinterpreted as kickbacks | |||||
| S 595 | Rev Laws Tech Chngs/BBA Chgs/P2P Tax Parity | N | 3/25/25 | Makes changes to the tax laws, including tax deductions by shareholders of S Corps | |||||
| S 671 | Helene Rev. Replace./Locals; Prop Tax Relief | N | 3/25/25 | As the title suggests | |||||
| S 672 | Protect North Carolinians from Medical Debt | N | 3/25/25 | Among other things, requires medical creditors and medical debt collectors to provide notices about the risks of paying by credit card | |||||
| S 675 | Second Mortgage Fee Alignment Ad | N | 3/25/25 | 4/8/25 | 4/10/25 | Seeks to change GS 24-10 to align fees on second mortgages or junior liens to align more closely with federal qualified mortgage standards | |||
| S 690 | Modify Licensing Real Est. Appraisers | N | 3/25/25 | 5/6/25 | 5/7/25 | As the title suggests; the bill has been changed by the sponsors to address feedback from the NC Appraisal Board, the Appraisal Institute, and other stakeholders like the bankers association; the sponsors have pledged to continue discussions and stakeholder engagement as the bill moves to the House | |||
| S 705 | Limit Rules with Substantial Financial Cost | N | 3/25/25 | Among other things, if a state agency rulemaking would have more than a $1 million impact over five years it requires a higher vote threshold for adoption | |||||
| S 709 | 2025 State Modernization Investment Act-AB | N | 3/25/25 | See also H 506 | |||||
| S 757 | Consumer Privacy Act | N | 3/25/25 | A 12-page bill creating new standards of protection of consumer data; will require careful study to assess impacts and interaction with federal law; exempts financial institutions and their affiliates |
Author: sdbrownlow
Student of Design