North Carolina legislation · 2025-2026 Session
North Carolina H476: DST Technical Corrections/Admin. Changes 2025.-AB
Status: Signed into law, June 26, 2025
What the bill says
An act making technical corrections and administrative changes to the laws governing and related to the department of state treasurer.
From the enrolled text:
AN ACT MAKING TECHNICAL CORRECTIONS AND ADMINISTRATIVE CHANGES TO THE LAWS GOVERNING AND RELATED TO THE DEPARTMENT OF STATE TREASURER. The General Assembly of North Carolina enacts: PART I. EXTEND THE PROVISIONAL ENTRY PERIOD OF CHARTER SCHOOLS IN THE TEACHERS' AND STATE EMPLOYEES' RETIREMENT SYSTEM SECTION 1.1. G.S. 135-5.3 reads as rewritten: "§ 135-5.3. Optional participation for charter schools operated by private nonprofit corporations or municipalities. ... (b3) A charter school seeking to become a participating employer in the Retirement System prior to the end of the second year of operation shall be granted provisional entry into the Retirement System for one year. In the event the employee or employer contributions required under G.S. 135-8(f) are not received by the date set by the Board of Trustees, the Board of Trustees may revoke the charter school's provisional entry into the Retirement System. The Board must notify a charter school in writing not less than 90 days prior to revoking a charter school's provisional entry into the Retirement System. One year after the charter school was granted After the charter school's initial year of provisional entry into the Retirement System, the charter school shall undergo an actuarial and financial review as required by the Board of Trustees.Trustees may extend the charter school's provisional entry by up to two additional years or …
Sponsors
- Smith, Carson (R, 16) · primary sponsor
- Wheatley, Diane (R, 43) · primary sponsor
- Ward, Bill (R, 5)
- Willingham, Shelly (D, 23)
Latest actions
- : Ch. SL 2025-19
- : Signed by Gov. 6/26/2025
- : Pres. To Gov. 6/19/2025
- : Ratified
- : Ordered Enrolled
- : Concurred In S Com Sub
- : Placed On Cal For 06/17/2025
- : Cal Pursuant 36(b)
- : Regular Message Received For Concurrence in S Com Sub
- : Regular Message Sent To House
Votes
- Department of State Treasurer Technical Corrections/Administrative Changes M11 Concur (June 17, 2025): 112 yea, 1 nay, passed
- DST Technical Corrections/Admin. Changes 2025.-AB Second Reading (June 11, 2025): 44 yea, 0 nay, passed
- Department of State Treasurer Technical Corrections/Administrative Changes Second Reading (April 29, 2025): 110 yea, 3 nay, passed
Subjects: TSERS BOARD, CHARTER SCHOOLS, LOCAL GOVERNMENT EMPLOYEES, COUNCIL OF STATE, CORPORATIONS, NONPROFIT, ELEMENTARY EDUCATION, EDUCATION, GOVERNMENT EMPLOYEES
Common questions
- What is H476?
- H476 is a bill in the North Carolina Legislature (2025-2026 Session): DST Technical Corrections/Admin. Changes 2025.-AB.
- What does H476 do?
- In its own words: An act making technical corrections and administrative changes to the laws governing and related to the department of state treasurer.
- What is the status of H476?
- Signed into law as of June 26, 2025. Latest action: Ch. SL 2025-19 (June 26, 2025).
- Who sponsored H476?
- Smith, Carson (R, 16), with 3 co-sponsors.
- Where is the official record for H476?
- On the North Carolina Legislature website: https://www.ncleg.gov/BillLookUp/2025/H476
Source: official North Carolina record. Tracked by Delilah, AI for legislation across all 50 states and Congress.