North CarolinaSB 6952025-2026 SessionSenate

AN ACT TO GROW THE PROPERTY TAX BASE OF UNITS OF LOCAL GOVERNMENT BY FACILITATING PRIVATE DEVELOPER INVOLVEMENT IN CERTAIN PROJECT DEVELOPMENTS.

Sponsored By: Todd Johnson (Republican), Michael A. Lazzara (Republican)

Failed

CONSTRUCTIONECONOMIC DEVELOPMENTLOCAL GOVERNMENTPROPERTYPUBLICREAL ESTATETAXATIONTAXES, PROPERTYCONSTRUCTION INDUSTRY

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsors

  • Todd Johnson

    Republican • Senate

  • Michael A. Lazzara

    Republican • Senate

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 42 • No: 0

Senate vote 6/19/2025

SB 695: Incent Development Finance District Funding.

Yes: 42 • No: 0 • Other: 8

Actions Timeline

  1. Re-ref Com On Finance

    6/25/2025House
  2. Reptd Fav

    6/25/2025House
  3. Re-ref to the Com on State and Local Government, if favorable, Finance, if favorable, Rules, Calendar, and Operations of the House

    6/24/2025House
  4. Withdrawn From Com

    6/24/2025House
  5. Ref To Com On Rules, Calendar, and Operations of the House

    6/19/2025House
  6. Passed 1st Reading

    6/19/2025House
  7. Special Message Received From Senate

    6/19/2025House
  8. Special Message Sent To House

    6/19/2025Senate
  9. Passed 3rd Reading

    6/19/2025Senate
  10. Passed 2nd Reading

    6/19/2025Senate
  11. Reptd Fav

    6/18/2025Senate
  12. Re-ref Com On Rules and Operations of the Senate

    6/17/2025Senate
  13. Reptd Fav

    6/17/2025Senate
  14. Re-ref Com On Finance

    5/22/2025Senate
  15. Com Substitute Adopted

    5/22/2025Senate
  16. Reptd Fav Com Substitute

    5/22/2025Senate
  17. Re-ref to State and Local Government. If fav, re-ref to Finance. If fav, re-ref to Rules and Operations of the Senate

    4/28/2025Senate
  18. Withdrawn From Com

    4/28/2025Senate
  19. Ref To Com On Rules and Operations of the Senate

    3/26/2025Senate
  20. Passed 1st Reading

    3/26/2025Senate
  21. Filed

    3/25/2025Senate

Bill Text

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