North CarolinaHB 3582025-2026 SessionHouseWALLET

AN ACT TO MAINTAIN NAIC ACCREDITATION OF THE DEPARTMENT OF INSURANCE BY IMPLEMENTING GROUP CAPITAL CALCULATION AND LIQUIDITY STRESS TEST REQUIREMENTS AND TO MAKE VARIOUS CONFORMING CHANGES, AS RECOMMENDED BY THE DEPARTMENT OF INSURANCE.

Sponsored By: Jennifer Balkcom (Republican), Chris Humphrey (Republican), Mitchell S. Setzer (Republican)

Signed by Governor

ACCOUNTINGADMINISTRATION DEPT

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Bill Overview

Analyzed Economic Effects

22 provisions identified: 16 benefits, 0 costs, 6 mixed.

Free UNC classes for employees

Starting June 26, 2025, UNC may let employees take classes for free while they work. Full-time faculty and full-time staff can take up to three courses a year. Campus law enforcement can take a number of courses set by UNC rules. Classes must not interfere with job duties, and these enrollments are not counted for State funding.

Disaster aid for Chantal and Helene

The State provides $55 million for disaster matches: $40 million for general matches (not Helene) and $15 million for Tropical Storm Chantal. It sets aside $6 million for emergency grants to affected individuals and families. It provides $5.5 million for the State share of highway repairs from Chantal. Warren Wilson College gets $1.5 million and UNC Asheville gets $1 million for Helene repairs and mitigation. Chantal funds must be used in Alamance, Caswell, Chatham, Durham, Granville, Moore, Orange, Person, and Wake Counties.

Brunswick college grant time extended

A $25 million grant for Brunswick Community College stays available through December 31, 2028. The money supports workforce development and a public safety center. This gives the college more time to finish eligible capital projects.

Grants for airports and arena projects

The State supports a nonstop RDU–Dublin route with $750,000 each year in 2025–2027, paid half after 180 flights and half after 360 flights. The airline must average at least 14 monthly flights and run the agreed seasonal schedule, beginning about April 13, 2026. Coastal Carolina Regional Airport can receive $10.4 million for site and infrastructure if it signs a long‑term tenant lease. The Centennial Authority gets $35 million for public infrastructure on or near its regional arena, to be allocated within 60 days; funds stay available until work is done.

Hertford megaproject jobs and infrastructure

Any deal for the Hertford County project must include at least $974 million in private investment and at least 835 new jobs. The jobs must pay, on average, more than 175% of the county average wage. The State also provides $51 million: $40 million for a public dock and $11 million for an industrial‑load public road. Funds can reimburse eligible costs after required agreements, and the State can require repayment if terms are not met.

K-12 funding cuts and meal help

The State reduces Department of Public Instruction funding by $9,122,184 in 2025–2026 and again in 2026–2027. It keeps $3,000,000 each year to cover copays for reduced‑price school meals. It ends $1,817,968 a year for small specialty high schools, but schools funded in 2024–2025 still get money for one principal and one clerical job. It also ends $1,000,000 a year for the Learn and Earn virtual program, but schools originally approved as virtual keep prior funding under 2017 law.

Biotech job training gets $10 million

The State provides $10,000,000 in one‑time funds for 2025–2026 to support Wilson Community College’s biologics training center. The money supports operations and training capacity. It stays available until June 30, 2027.

Enroll in school before you move

You can register your child in a new school before you move. You must give proof of residency and discipline records when attendance starts. If you are in temporary housing, the school must allow up to one year of enrollment or through the school year. High school juniors and seniors can stay enrolled through graduation.

Extra support for blind and deaf schools

The State gives each of the Governor Morehead School for the Blind, the Eastern NC School for the Deaf, and the NC School for the Deaf $400,000 each year in 2025–2027. The schools can use it for staff, reclassifications, and administrative, legal, technology, or operating costs. This supports the schools as independent agencies.

More training options for tribal responders

State-approved specialized courses can now be added for the Eastern Band of Cherokee Indians and the Catawba Indian Nation. Tribal police, fire, EMS, and rescue teams can request and receive these courses. This broadens access to training.

Three schools may run innovative high schools

Beginning with the 2025–2026 school year, three named schools can operate as cooperative innovative high schools. They must follow State rules for these schools and meet evaluation requirements. This can expand advanced options for local students.

Tuition grants for NCSSM and UNCSA grads

The law provides $2,800,000 each year in 2025–2027 to the UNC Board of Governors for tuition grants. The money supports eligible graduates of the NC School of Science and Mathematics and the UNC School of the Arts. Grants are awarded under state law in Part 6 of Article 23 of Chapter 116.

Airport upgrades and grants stay available

The State provides $3,600,000 one time in 2025–2026 for hangar improvements at Tri‑County Airport. These funds do not revert and remain available until the work is complete. Unspent grant money that was given earlier to the Brunswick County Airport also does not revert and stays available for new airport projects.

More lawyers and security at Labor Department

The law gives the Department of Labor $650,000 each year in 2025–2026 and 2026–2027 for three attorney positions. These jobs are exempt policy‑making positions of the Commissioner. The law also provides $150,000 each year in 2025–2026 and 2026–2027 for security services.

Funds for patrol repairs and emergency center

The State provides $1,500,000 one time in 2025–2026 for State Highway Patrol repairs and renovations. It also provides up to $5,000,000 one time in 2025–2026 for UNC Pembroke’s Regional Emergency Response Center. The project authorization for the center is $5,000,000.

More funding for cooperative high schools

The law sets yearly extra payments for approved cooperative innovative high schools. Tier 1 schools get $275,000 each, the Northeast Regional School of Biotechnology and Agriscience gets $310,000, Tier 2 schools get $200,000, and Tier 3 schools get $180,000. The State also provides $1,110,000 each year in 2025–2027 for extra funding to several named cooperative high schools. DPI must also allocate $635,000 each year for Hawthorne Academy of Health Sciences, Martin Innovative Early College of Health Sciences, and Moore Innovative High School.

Big projects can reset incentive timeline

A qualifying business can ask to reset its transformative project’s base period. It must have a signed project agreement, be within 48 months of the base period, employ over 1,000 full‑time workers in the State, and not have received any grant payments. This authority ends June 30, 2026.

Nutrition licenses: accredited degrees and exams

To get licensed as a dietitian or nutritionist, your degree must be from a regionally accredited school. Approved competency exams must be offered at least twice a year. Some national exams can count if you hold a bachelor’s or higher from a regionally accredited college and the Board approves the exam.

Guardrails and reports on disaster funds

Federal disaster awards for Chantal received on or after September 1, 2025 are automatically appropriated, and agencies must report each award within 30 days with the amount, duration, and purpose. Recipients must seek insurance, federal aid, or private donations first and return those dollars up to the State aid amount. Unused Subpart I‑B funds revert by June 30, 2031. The Governor cannot reallocate these disaster appropriations under the listed statutes. The State gives $2 million to the State Auditor to run a public dashboard that tracks this spending.

Labor Department can hire its lawyers

The Department of Labor can represent itself in legal cases under the listed Articles. The Attorney General must represent the Department when asked and can assign staff. The Commissioner of Labor may also engage private counsel and use available funds to pay for litigation services.

Some earlier session laws repealed

The law repeals Section 5 of S.L. 2025‑57, Part 4 of S.L. 2025‑46, and Part 3 of S.L. 2025‑56. The effects depend on what those sections did. No new payments or fees are set here.

College rules now tie to accreditation

UNC schools and community colleges must keep a listed regional accreditation. Private and nonpublic school definitions and eligibility now rely on listed accreditors. Some programs get easier approval or fee relief, like regionally accredited community college massage programs and public colleges that no longer pay certain course fees. Virtual education providers face tighter checks: accreditation, licensed teachers from NASDTEC states, and North Carolina course alignment. Independent nonprofits with the listed accreditation get equal footing for certain State research contracts.

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Sponsors & Cosponsors

Cosponsors

Shelly Willingham
Democratic • House