House Bill 214 Summary

• Confirms North Carolina State Health Plan for Teachers and State Employees as a governmental plan and allows the Plan to determine whether coverage increases risk of adverse tax rulings.

• Updates language in the Consolidated Judicial Retirement System and North Carolina National Guard Pension Fund to align with 2017 changes made to Teachers' and State Employees' Retirement System and Local Governmental Employees' Retirement System.

• Clarifies that employing agencies may receive credits for pension-spiking penalties when employees forfeit retirement benefits due to felony convictions, and defines "inactive employers" in retirement systems.

• Requires building inspection fee revenues and expenditures to be reported by source and object respectively, allows administrative costs of the Public School Teachers' Investment Plan to be charged to members, and clarifies public record confidentiality for retirement system information.

• Repeals seven archaic statutes, corrects typographical errors, and confirms local government participation in the State Health Plan is irrevocable except for those who withdrew by January 1, 2017.