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NC S443

Bill

Status

Introduced

3/24/2025

Primary Sponsor

Kevin Corbin

Click for details

Origin

Senate

2025-2026 Session

AI Summary

  • Requires providers of life insurance, health insurance, and other fringe benefits to county and city employees to submit annual compensation disclosures to the local government

  • Covered providers include agents, brokers, consultants, third-party administrators, pharmacy benefits managers, and insurance companies

  • Disclosures must detail all income paid directly or indirectly to the provider, including commissions, bonuses, consulting fees, administrative fees, and management compensation for shared risk arrangements

  • Providers must affirm that none of the compensation paid by the county or city has been provided to any local government employee or elected official, directly or indirectly

  • Effective when it becomes law

Legislative Description

Local Govts/Compensation Disclosure

Counties

Last Action

Ref To Com On Rules and Operations of the Senate

3/25/2025

Committee Referrals

Rules and Operations of the Senate3/25/2025

Full Bill Text

No bill text available