North Carolina legislation · 2025-2026 Session
North Carolina H506: 2025 State Investment Modernization Act.-AB
Status: Signed into law, June 13, 2025
What the bill says
An act to enact the 2025 state investment modernization act, as recommended by the state treasurer.
From the enrolled text:
AN ACT TO ENACT THE 2025 STATE INVESTMENT MODERNIZATION ACT, AS RECOMMENDED BY THE STATE TREASURER. The General Assembly of North Carolina enacts: PART I. TECHNICAL REORGANIZATION OF ARTICLE 6 OF CHAPTER 147 OF THE GENERAL STATUTES SECTION 1.1. Article 6 of Chapter 147 of the General Statutes is amended to add the following new Parts: (1) Part 1, to be entitled "General" and consisting of G.S. 147-65 through G.S. 147-69. (2) Part 2, to be entitled "Investments and Funds" and consisting of G.S. 147-69.1 through G.S. 147-69.7. (3) Part 3, to be entitled "Reports and Audits" and consisting of G.S. 147-69.8 through G.S. 147-69.70. (4) Part 4, to be entitled "North Carolina Investment Authority" and consisting of G.S. 147-70.1 through G.S. 147-73.2. (5) Part 5, to be entitled "Department Bookkeeping and Deposits" and consisting of G.S. 147-74 through G.S. 147-86.2. SECTION 1.2.(a) G.S. 147-65 is recodified as G.S. 147-65.2. SECTION 1.2.(a1) G.S. 147-66 is repealed. SECTION 1.2.(b) G.S. 147-69.3A is recodified as G.S. 147-67.1. SECTION 1.2.(c) G.S. 147-69.11 is recodified as G.S. 147-73.2. SECTION 1.2.(d) G.S. 147-69.7 is recodified as G.S. 147-70.6. SECTION 1.2.(e) G.S. 147-70 is recodified as G.S. 147-68.3. SECTION 1.2.(f) G.S. 147-71 is recodified as G.S. 147-68.4. SECTION 1.2.(g) G.S. 147-72 is repealed. SECTION 1.2.(h) G.S. 147-73 is repealed. SECTION 1.2.(i) G.S. 147-75 is recodified as …
Sponsors
- Jones, Brenden H. (R, 46) · primary sponsor
- Hall, Kyle (R, 91) · primary sponsor
- Ross, Stephen M. (R, 63) · primary sponsor
- Tyson, Steve (R, 3) · primary sponsor
- Johnson, Todd (R, 35)
- McNeely, Jeffrey C. (R, 84)
- Pickett, Ray (R, 93)
Latest actions
- : Ch. SL 2025-6
- : Signed by Gov. 6/13/2025
- : Pres. To Gov. 6/5/2025
- : Ratified
- : Ordered Enrolled
- : Concurred In S Com Sub
- : Placed On Cal For 06/03/2025
- : Withdrawn From Com
- : Ref To Com On Rules, Calendar, and Operations of the House
- : Regular Message Received For Concurrence in S Com Sub
Votes
- 2025 State Investment Modernization Act. M11 Concur (June 3, 2025): 113 yea, 0 nay, passed
- 2025 State Investment Modernization Act.-AB Second Reading (May 22, 2025): 40 yea, 0 nay, passed
- 2025 State Investment Modernization Act.-AB Amendment 1 (May 22, 2025): 40 yea, 0 nay, passed
- 2025 State Investment Modernization Act. Second Reading (April 29, 2025): 110 yea, 3 nay, passed
Subjects: COUNCIL OF STATE, INVESTMENTS, RATIFIED, SPEAKER, HIGHWAY FUND, HIGHWAY TRUST FUND, CRYPTOCURRENCY & NFTS, AUTHORITIES
Common questions
- What is H506?
- H506 is a bill in the North Carolina Legislature (2025-2026 Session): 2025 State Investment Modernization Act.-AB.
- What does H506 do?
- In its own words: An act to enact the 2025 state investment modernization act, as recommended by the state treasurer.
- What is the status of H506?
- Signed into law as of June 13, 2025. Latest action: Ch. SL 2025-6 (June 13, 2025).
- Who sponsored H506?
- Jones, Brenden H. (R, 46), with 6 co-sponsors.
- Where is the official record for H506?
- On the North Carolina Legislature website: https://www.ncleg.gov/BillLookUp/2025/H506
Source: official North Carolina record. Tracked by Delilah, AI for legislation across all 50 states and Congress.