North Carolina legislation · 2025-2026 Session
North Carolina S842: CARDINAL Act.
Status: Introduced, May 7, 2026
What the bill says
An act to establish the supplemental state funds for trump accounts program and to revise the opportunity scholarship award priority for the 2026-2027 school year.
From the introduced text:
A BILL TO BE ENTITLED AN ACT TO ESTABLISH THE SUPPLEMENTAL STATE FUNDS FOR TRUMP ACCOUNTS PROGRAM AND TO REVISE THE OPPORTUNITY SCHOLARSHIP AWARD PRIORITY FOR THE 2026-2027 SCHOOL YEAR. The General Assembly of North Carolina enacts: PART I. TITLE OF ACT SECTION 1. This act shall be known and may be cited as the "Creating Accounts for Residents to Develop Investment and Navigate Adulthood Later Act" or the "CARDINAL Act." PART II. SUPPLEMENTAL STATE FUNDS FOR TRUMP ACCOUNTS PROGRAM SECTION 2.(a) Definitions. - The following definitions shall apply in this section: (1) Authority. - The State Education Assistance Authority. (2) Eligible child. - A person who meets all of the following criteria: a. Is an eligible child, as defined in 26 U.S.C. § 6434, as that statute read on July 4, 2025. b. Was born in North Carolina after December 31, 2024, and before January 1, 2029. c. Resides in a household with an income level not in excess of three hundred percent (300%) of the federal poverty guidelines. (3) Federal Pilot Program. - The federal Trump Accounts Contribution Pilot Program established in 26 U.S.C. § 6434. (4) Program. - The Supplemental State Funds for Trump Accounts Program established pursuant to subsection (b) of this section. (5) Trump Account. - A Trump Account, as defined in 26 U.S.C. § …
Sponsors
- Chaudhuri, Jay J. (D, 15) · primary sponsor
- Bradley, Woodson (D, 42) · primary sponsor
- Murdock, Natalie S. (D, 20)
- Theodros, Caleb (D, 41)
- Waddell, Joyce (D, 40)
Latest actions
- : Re-ref Com On Appropriations/Base Budget
- : Withdrawn From Com
- : Ref To Com On Rules and Operations of the Senate
- : Passed 1st Reading
- : Filed
Subjects: BUDGETING, VOUCHERS, ELEMENTARY EDUCATION, EDUCATION, KINDERGARTEN, STUDENTS, AUTHORITIES, FUNDS & ACCOUNTS
Common questions
- What is S842?
- S842 is a bill in the North Carolina Legislature (2025-2026 Session): CARDINAL Act.
- What does S842 do?
- In its own words: An act to establish the supplemental state funds for trump accounts program and to revise the opportunity scholarship award priority for the 2026-2027 school year.
- What is the status of S842?
- Introduced as of May 7, 2026. Latest action: Re-ref Com On Appropriations/Base Budget (May 7, 2026).
- Who sponsored S842?
- Chaudhuri, Jay J. (D, 15), with 4 co-sponsors.
- Where is the official record for S842?
- On the North Carolina Legislature website: https://www.ncleg.gov/BillLookUp/2025/S842
Source: official North Carolina record. Tracked by Delilah, AI for legislation across all 50 states and Congress.