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NC H631

Bill

Status

Introduced

3/31/2025

Primary Sponsor

Brandon Lofton

Click for details

Origin

House of Representatives

2025-2026 Session

AI Summary

  • Establishes a 17-member Joint Legislative Study Commission to evaluate the feasibility of creating a State Infrastructure Bank to finance infrastructure projects and drive economic growth

  • Commission membership includes 3 senators, 3 representatives, 3 gubernatorial appointees (including experts in public finance and environmental infrastructure), plus the State Treasurer, State Controller, and representatives from Budget and Transportation

  • Required to hold at least 5 public meetings across distinct geographic regions of North Carolina

  • Study topics include financing for housing, public works, education, transportation, energy, and telecommunications infrastructure, as well as operational structures, regulation, and integration with existing financial institutions

  • Commission must submit a final report with legislative recommendations by the end of the 2026 Regular Session and terminates December 31, 2026

Legislative Description

State Infrastructure Bank Study

Infrastructure

Last Action

Re-ref Com On Rules, Calendar, and Operations of the House

4/17/2025

Committee Referrals

Rules, Calendar, and Operations of the House4/17/2025
Finance4/2/2025

Full Bill Text

No bill text available