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North Carolina Legislative Updates

Linda Goodwin • Nelson Mullins Riley & Scarborough LLP

Generated by NCInsider.com • Date: 06/16/2017 09:22a • © 2017 NC Insider Legislative Tracking Service

 

Mortgage Bankers Association of the Carolinas (2017-2018 Reg)

 

 

 

Bill:         HB54

Sponsors:            Hastings (R110); Saine (R97); Howard (R79); Setzer (R89)

Title:      PROTECT THE HARDWORKING TAXPAYERS ACT

Summary:           An Act to Remove the Limitation on the Income Tax Deduction for Mortgage Expense and Property Tax.

Cospons:             Fisher (D114); Dollar (R36); McElraft (R13); Jackson, D. (D39); Faircloth (R61); Brawley, W. (R103); Goodman (D66); Jordan (R93); Shepard (R15); McNeill (R78); Ford, C. (R76); Lambeth (R75); Bumgardner (R109); Ross, S. (R63); Graham, G. (D12); Hall, D. (D11); Dobson (R85); Reives (D54); Watford (R80); Ager (D115); Brockman (D60); Richardson, W. (D44); Stone (R105); Boswell (D6); Dulin (R104); Henson (R113); John (D40); Strickland (R28); Butler (D18); White (R26); Jones, Brenden (R46); Williams (R37); Hall (R87); Clampitt (R119); Grange (R20); Hall, K. (R91); Turner, B. (D116); Bradford (R98); Adcock (D41); Fraley (R95); Meyer (D50); Richardson, B. (D7); Hanes (D72); Presnell (R118); Bell, J. (R10); Malone (R35); Hardister (R59); Cunningham (D106); Pittman (R82); Moore, R. (D99); Jones, Bert (R65); Dixon (R4); Torbett (R108); Gill (D33); Burr (R67); Hurley (R70); Wray (D27); Johnson, L. (R83); Lucas, M. (D42)

Status:  02/08/2017 – House Committee On Finance

Bill:         HB86

Sponsors:            Hardister (R59); Jordan (R93); Hall, K. (R91); Goodman (D66)

Title:      AMEND BANKING COMMISSION MEMBERSHIP

Summary:           An Act to Amend the Membership of the Banking Commission.

Cospons:             Terry (D71)

Status:  06/12/2017 – Senate Committee On Commerce and Insurance

Bill:         HB220

Sponsors:            Torbett (R108)

Title:      STATE INFRASTRUCTURE BANK REVISIONS

Summary:           An Act to Expand the Purposes for Which Funds from the State Infrastructure Bank May be Used and to Create an Oversight Board for the State Infrastructure Bank, as Recommended by the House Select Committee on Strategic Transportation Planning and Long Term Funding Solutions.

Cospons:             Floyd (D43); Reives (D54); Willingham (D23); Richardson, B. (D7); Wray (D27); Farmer Butterfield (D24)

Status:  04/19/2017 – House Committee On Finance

Bill:         HB462

Sponsors:            Howard (R79); Setzer (R89); Hall (R87); Conrad (R74)

Title:      BANKING LAW AMENDMENTS

Summary:           An Act to Make Technical, Clarifying, and Other Amendments to Provisions Applicable to Commercial Banks, Provisions Applicable to Bank Holding Companies, and Provisions Applicable to Credit Unions.

Cospons:             Stone (R105); Ross, S. (R63); Wray (D27)

Related:               2017:SB496

Status:  06/15/2017 – Reported by Senate committee

Bill:         HB518

Sponsors:            Jones, Brenden (R46)

Title:      SAFE ACT CHANGES

Summary:           An Act to Allow for Individuals to Offer and Negotiate Residential Mortgage Loans with Members of Their Extended Family Without Violating the Secure and Fair Enforcement Mortgage Licensing Act.

Cospons:             Bradford (R98)

Status:  04/05/2017 – House Committee On Rules, Calendar, and Operations of the House

Bill:         HB654

Sponsors:            Hardister (R59); Jordan (R93); Goodman (D66)

Title:      REDUCE MORTGAGE LENDER SURETY BONDS

Summary:           An Act to Reduce the Surety Bond Requirement for Licensees Under the Secure and Fair Enforcement Mortgage Licensing Act (NC S.A.F.E. Act).

Cospons:             Szoka (R45); Faircloth (R61); Wray (D27)

Status:  04/11/2017 – First reading in the House

Bill:         HB829

Sponsors:            Saine (R97); Lewis (R53); Hardister (R59)

Title:      CUSTOMARY AND REASONABLE FEES FOR APPRAISERS

Summary:           An Act to Clarify the Definition of Reasonable and Customary Compensation for Real Estate Appraisers.

Cospons:             Reives (D54); Richardson, W. (D44); Turner, B. (D116); Szoka (R45); Lucas, M. (D42)

Related:               2017:SB571

Status:  04/27/2017 – Senate Committee On Rules and Operations of the Senate

Bill:         HB851

Sponsors:            Ross, S. (R63); Setzer (R89)

Title:      CONFORM APPRAISER FEES/TRUTH IN LENDING

Summary:           An Act to Conform the Law on the Compensation of Appraisers by Appraisal Management Companies to the Federal Truth In Lending Act as Interpreted by the Consumer Financial Protection Bureau's Regulation Z and to Replace an Inconsistent Reference to Principal Dwellings with a Reference to One  to Four Family Residential Dwellings.

Status:  04/13/2017 – House Committee On Rules, Calendar, and Operations of the House

Bill:         HB852

Sponsors:            Jordan (R93); Zachary (R73)

Title:      REAL PROPERTY TECHNICAL CORRECTIONS

Summary:           An Act to Make Corrections and Other Amendments to Various Statutes Impacting Real Property Ownership and to Make Other Conforming Changes, as Recommended by the Real Property Section of the North Carolina State Bar Association.

Status:  04/26/2017 – House Committee On Finance

Bill:         SB236

Sponsors:            Woodard (D22); Foushee, V. (D23); Smith Ingram (D3)

Title:      EFFICIENT AND AFFORDABLE ENERGY RATES

Summary:           An Act (1) to Require the North Carolina Utilities Commission to Establish Tiered Electricity Rates for Residential, Commercial, Public, and Industrial Customers to Encourage Energy Conservation and Energy Efficiency; (2) to Create the Energy Efficiency Bank to be Used for Loans to Customers for the Costs of Certain Energy Efficiency or Renewable Energy Projects; and (3) to Create an Incentive for Consumers to Purchase Energy Star Qualified Household Products.

Cospons:             Waddell, J. (D40)

Status:  03/14/2017 – Senate Committee On Rules and Operations of the Senate

Bill:         SB493

Sponsors:            Tucker (R35); Gunn (R24)

Title:      C PACE PROGRAM

Summary:           An Act Authorizing Cities and Counties to Participate in Commercial Property Assessed Capital Expenditures (C PACE) to Allow Property Owners to Voluntarily Agree to Assessments to Finance Upgrades or Improvements to Their Real Property.

Status:  03/30/2017 – Senate Committee On Rules and Operations of the Senate

Bill:         SB496

Sponsors:            Gunn (R24)

Title:      BANKING LAW AMENDMENTS

Summary:           An Act to Make Technical, Clarifying, and Other Amendments to Provisions Applicable to Commercial Banks, Provisions Applicable to Bank Holding Companies, and Provisions Relating to Mortgage Notice Requirements.

Related:               2017:HB462

Status:  04/11/2017 – Senate Committee On Commerce and Insurance

Bill:         SB571

Sponsors:            Rabin (R12); Woodard (D22)

Title:      CUSTOMARY AND REASONABLE FEES FOR APPRAISERS

Summary:           An Act to Clarify the Definition of Reasonable and Customary Compensation for Real Estate Appraisers.

Related:               2017:HB829

Status:  04/03/2017 – Senate Committee On Rules and Operations of the Senate

Bill:         SB573

Sponsors:            Gunn (R24)

Title:      APPRAISAL ASSIGNMENT MODIFICATIONS

Summary:           An Act to Modify the Law Related to Appraisal Assignments.

Status:  04/03/2017 – Senate Committee On Rules and Operations of the Senate

Bill:         SB576

Sponsors:            Gunn (R24)

Title:      REAL ESTATE APPRAISAL CLARIFICATIONS

Summary:           An Act to Conform with Federal Guidelines in the Performance of Evaluations for Real Property for Federally Regulated Financial Institutions.

Status:  04/03/2017 – Senate Committee On Rules and Operations of the Senate

 

 

 

 

Linda Goodwin • Nelson Mullins Riley & Scarborough LLP

Generated by NCInsider.com • Date: 05/05/2017 09:43a • © 2017 NC Insider Legislative Tracking Service

 

Mortgage Bankers Association of the Carolinas (2017-2018 Reg)

 

 

 

Bill:               HB54

Sponsors:    Hastings (R110); Saine (R97); Howard (R79); Setzer (R89)

Title:            PROTECT THE HARDWORKING TAXPAYERS ACT

Summary:   An Act to Remove the Limitation on the Income Tax Deduction for Mortgage Expense and Property Tax.

Cospons:      Fisher (D114); Dollar (R36); McElraft (R13); Jackson, D. (D39); Faircloth (R61); Brawley, W. (R103); Goodman (D66); Jordan (R93); Shepard (R15); McNeill (R78); Ford, C. (R76); Lambeth (R75); Bumgardner (R109); Ross, S. (R63); Graham, G. (D12); Hall, D. (D11); Dobson (R85); Reives (D54); Watford (R80); Ager (D115); Brockman (D60); Richardson, W. (D44); Stone (R105); Boswell (D6); Dulin (R104); Henson (R113); John (D40); Strickland (R28); Butler (D18); White (R26); Jones, Brenden (R46); Williams (R37); Hall (R87); Clampitt (R119); Grange (R20); Hall, K. (R91); Turner, B. (D116); Bradford (R98); Adcock (D41); Fraley (R95); Meyer (D50); Richardson, B. (D7); Hanes (D72); Presnell (R118); Bell, J. (R10); Malone (R35); Hardister (R59); Cunningham (D106); Pittman (R82); Moore, R. (D99); Jones, Bert (R65); Dixon (R4); Torbett (R108); Gill (D33); Burr (R67); Hurley (R70); Wray (D27); Johnson, L. (R83); Lucas, M. (D42)

Status:         02/08/2017 – House Committee On Finance

Bill:               HB86

Sponsors:    Hardister (R59); Jordan (R93); Hall, K. (R91); Goodman (D66)

Title:            AMEND BANKING COMMISSION MEMBERSHIP

Summary:   An Act to Amend the Membership of the Banking Commission.

Cospons:      Terry (D71)

Status:         03/15/2017 – Senate Committee On Rules and Operations of the Senate

Bill:               HB220

Sponsors:    Torbett (R108)

Title:            STATE INFRASTRUCTURE BANK REVISIONS

Summary:   An Act to Expand the Purposes for Which Funds from the State Infrastructure Bank May be Used and to Create an Oversight Board for the State Infrastructure Bank, as Recommended by the House Select Committee on Strategic Transportation Planning and Long Term Funding Solutions.

Cospons:      Floyd (D43); Reives (D54); Willingham (D23); Richardson, B. (D7); Wray (D27); Farmer‑Butterfield (D24)

Status:         04/19/2017 – House Committee On Finance

Bill:               HB462

Sponsors:    Howard (R79); Setzer (R89); Hall (R87); Conrad (R74)

Title:            BANKING LAW AMENDMENTS

Summary:   An Act to Make Technical, Clarifying, and Other Amendments to Provisions Applicable to Commercial Banks, Provisions Applicable to Bank Holding Companies, Provisions Applicable to Credit Unions, and Provisions Relating to Mortgage Notice Requirements.

Cospons:      Stone (R105); Ross, S. (R63); Wray (D27)

Related:       2017:SB496

Status:         04/11/2017 – Senate Committee On Rules and Operations of the Senate

Bill:               HB518

Sponsors:    Jones, Brenden (R46)

Title:            SAFE ACT CHANGES

Summary:   An Act to Allow for Individuals to Offer and Negotiate Residential Mortgage Loans with Members of Their Extended Family Without Violating the Secure and Fair Enforcement Mortgage Licensing Act.

Cospons:      Bradford (R98)

Status:         04/05/2017 – House Committee On Rules, Calendar, and Operations of the House

Bill:               HB654

Sponsors:    Hardister (R59); Jordan (R93); Goodman (D66)

Title:            REDUCE MORTGAGE LENDER SURETY BONDS

Summary:   An Act to Reduce the Surety Bond Requirement for Licensees Under the Secure and Fair Enforcement Mortgage Licensing Act (NC S.A.F.E. Act).

Cospons:      Szoka (R45); Faircloth (R61); Wray (D27)

Status:         04/11/2017 – First reading in the House

Bill:               HB829

Sponsors:    Saine (R97); Lewis (R53); Hardister (R59)

Title:            CUSTOMARY AND REASONABLE FEES FOR APPRAISERS

Summary:   An Act to Clarify the Definition of Reasonable and Customary Compensation for Real Estate Appraisers.

Cospons:      Reives (D54); Richardson, W. (D44); Turner, B. (D116); Szoka (R45); Lucas, M. (D42)

Related:       2017:SB571

Status:         04/27/2017 – Senate Committee On Rules and Operations of the Senate

Bill:               HB851

Sponsors:    Ross, S. (R63); Setzer (R89)

Title:            CONFORM APPRAISER FEES/TRUTH IN LENDING

Summary:   An Act to Conform the Law on the Compensation of Appraisers by Appraisal Management Companies to the Federal Truth‑In‑Lending Act as Interpreted by the Consumer Financial Protection Bureau's Regulation Z and to Replace an Inconsistent Reference to Principal Dwellings with a Reference to One‑ to Four‑Family Residential Dwellings.

Status:         04/13/2017 – House Committee On Rules, Calendar, and Operations of the House

Bill:               HB852

Sponsors:    Jordan (R93); Zachary (R73)

Title:            REAL PROPERTY TECHNICAL CORRECTIONS

Summary:   An Act to Make Corrections and Other Amendments to Various Statutes Impacting Real Property Ownership and to Make Other Conforming Changes, as Recommended by the Real Property Section of the North Carolina State Bar Association.

Status:         04/26/2017 – House Committee On Finance

Bill:               SB236

Sponsors:    Woodard (D22); Foushee, V. (D23); Smith‑Ingram (D3)

Title:            EFFICIENT AND AFFORDABLE ENERGY RATES

Summary:   An Act (1) to Require the North Carolina Utilities Commission to Establish Tiered Electricity Rates for Residential, Commercial, Public, and Industrial Customers to Encourage Energy Conservation and Energy Efficiency; (2) to Create the Energy Efficiency Bank to be Used for Loans to Customers for the Costs of Certain Energy Efficiency or Renewable Energy Projects; and (3) to Create an Incentive for Consumers to Purchase Energy Star Qualified Household Products.

Cospons:      Waddell, J. (D40)

Status:         03/14/2017 – Senate Committee On Rules and Operations of the Senate

Bill:               SB493

Sponsors:    Tucker (R35); Gunn (R24)

Title:            C‑PACE PROGRAM

Summary:   An Act Authorizing Cities and Counties to Participate in Commercial Property Assessed Capital Expenditures (C‑PACE) to Allow Property Owners to Voluntarily Agree to Assessments to Finance Upgrades or Improvements to Their Real Property.

Status:         03/30/2017 – Senate Committee On Rules and Operations of the Senate

Bill:               SB496

Sponsors:    Gunn (R24)

Title:            BANKING LAW AMENDMENTS

Summary:   An Act to Make Technical, Clarifying, and Other Amendments to Provisions Applicable to Commercial Banks, Provisions Applicable to Bank Holding Companies, and Provisions Relating to Mortgage Notice Requirements.

Related:       2017:HB462

Status:         04/11/2017 – Senate Committee On Commerce and Insurance

Bill:               SB571

Sponsors:    Rabin (R12); Woodard (D22)

Title:            CUSTOMARY AND REASONABLE FEES FOR APPRAISERS

Summary:   An Act to Clarify the Definition of Reasonable and Customary Compensation for Real Estate Appraisers.

Related:       2017:HB829

Status:         04/03/2017 – Senate Committee On Rules and Operations of the Senate

Bill:               SB573

Sponsors:    Gunn (R24)

Title:            APPRAISAL ASSIGNMENT MODIFICATIONS

Summary:   An Act to Modify the Law Related to Appraisal Assignments.

Status:         04/03/2017 – Senate Committee On Rules and Operations of the Senate

Bill:               SB576

Sponsors:    Gunn (R24)

Title:            REAL ESTATE APPRAISAL CLARIFICATIONS

Summary:   An Act to Conform with Federal Guidelines in the Performance of Evaluations for Real Property for Federally Regulated Financial Institutions.

Status:         04/03/2017 – Senate Committee On Rules and Operations of the Senate

 

Linda Goodwin • Nelson Mullins Riley & Scarborough LLP

Generated by NCInsider.com • Date: 04/21/2017 10:11a • © 2017 NC Insider Legislative Tracking Service

 

Mortgage Bankers Association of the Carolinas (2017-2018 Reg)

 

 

 

Bill:               HB54

Sponsors:    Hastings (R110); Saine (R97); Howard (R79); Setzer (R89)

Title:            PROTECT THE HARDWORKING TAXPAYERS ACT

Summary:   An Act to Remove the Limitation on the Income Tax Deduction for Mortgage Expense and Property Tax.

Cospons:      Fisher (D114); Dollar (R36); McElraft (R13); Jackson, D. (D39); Faircloth (R61); Brawley, W. (R103); Goodman (D66); Jordan (R93); Shepard (R15); McNeill (R78); Ford, C. (R76); Lambeth (R75); Bumgardner (R109); Ross, S. (R63); Graham, G. (D12); Hall, D. (D11); Dobson (R85); Reives (D54); Watford (R80); Ager (D115); Brockman (D60); Richardson, W. (D44); Stone (R105); Boswell (D6); Dulin (R104); Henson (R113); John (D40); Strickland (R28); Butler (D18); White (R26); Jones, Brenden (R46); Williams (R37); Hall (R87); Clampitt (R119); Grange (R20); Hall, K. (R91); Turner, B. (D116); Bradford (R98); Adcock (D41); Fraley (R95); Meyer (D50); Richardson, B. (D7); Hanes (D72); Presnell (R118); Bell, J. (R10); Malone (R35); Hardister (R59); Cunningham (D106); Pittman (R82); Moore, R. (D99); Jones, Bert (R65); Dixon (R4); Torbett (R108); Gill (D33); Burr (R67); Hurley (R70); Wray (D27); Johnson, L. (R83); Lucas, M. (D42)

Status:         02/08/2017 – House Committee On Finance

Bill:               HB86

Sponsors:    Hardister (R59); Jordan (R93); Hall, K. (R91); Goodman (D66)

Title:            AMEND BANKING COMMISSION MEMBERSHIP

Summary:   An Act to Amend the Membership of the Banking Commission.

Cospons:      Terry (D71)

Status:         03/15/2017 – Senate Committee On Rules and Operations of the Senate

Bill:               HB220

Sponsors:    Torbett (R108)

Title:            STATE INFRASTRUCTURE BANK REVISIONS

Summary:   An Act to Expand the Purposes for Which Funds from the State Infrastructure Bank May be Used and to Create an Oversight Board for the State Infrastructure Bank, as Recommended by the House Select Committee on Strategic Transportation Planning and Long Term Funding Solutions.

Cospons:      Floyd (D43); Reives (D54); Willingham (D23); Richardson, B. (D7); Wray (D27); Farmer‑Butterfield (D24)

Status:         04/19/2017 – House Committee On Finance

Bill:               HB462

Sponsors:    Howard (R79); Setzer (R89); Hall (R87); Conrad (R74)

Title:            BANKING LAW AMENDMENTS

Summary:   An Act to Make Technical, Clarifying, and Other Amendments to Provisions Applicable to Commercial Banks, Provisions Applicable to Bank Holding Companies, Provisions Applicable to Credit Unions, and Provisions Relating to Mortgage Notice Requirements.

Cospons:      Stone (R105); Ross, S. (R63); Wray (D27)

Related:       2017:SB496

Status:         04/11/2017 – Senate Committee On Rules and Operations of the Senate

Bill:               HB518

Sponsors:    Jones, Brenden (R46)

Title:            SAFE ACT CHANGES

Summary:   An Act to Allow for Individuals to Offer and Negotiate Residential Mortgage Loans with Members of Their Extended Family Without Violating the Secure and Fair Enforcement Mortgage Licensing Act.

Cospons:      Bradford (R98)

Status:         04/05/2017 – House Committee On Rules, Calendar, and Operations of the House

Bill:               HB654

Sponsors:    Hardister (R59); Jordan (R93); Goodman (D66)

Title:            REDUCE MORTGAGE LENDER SURETY BONDS

Summary:   An Act to Reduce the Surety Bond Requirement for Licensees Under the Secure and Fair Enforcement Mortgage Licensing Act (NC S.A.F.E. Act).

Cospons:      Szoka (R45); Faircloth (R61); Wray (D27)

Status:         04/11/2017 – First reading in the House

Bill:               HB829

Sponsors:    Saine (R97); Lewis (R53); Hardister (R59)

Title:            CUSTOMARY AND REASONABLE FEES FOR APPRAISERS

Summary:   An Act to Clarify the Definition of Reasonable and Customary Compensation for Real Estate Appraisers.

Cospons:      Reives (D54); Richardson, W. (D44); Turner, B. (D116); Szoka (R45); Lucas, M. (D42)

Related:       2017:SB571

Status:         04/13/2017 – House Committee On Commerce and Job Development

Bill:               HB851

Sponsors:    Ross, S. (R63); Setzer (R89)

Title:            CONFORM APPRAISER FEES/TRUTH IN LENDING

Summary:   An Act to Conform the Law on the Compensation of Appraisers by Appraisal Management Companies to the Federal Truth‑In‑Lending Act as Interpreted by the Consumer Financial Protection Bureau's Regulation Z and to Replace an Inconsistent Reference to Principal Dwellings with a Reference to One‑ to Four‑Family Residential Dwellings.

Status:         04/13/2017 – House Committee On Rules, Calendar, and Operations of the House

Bill:               HB852

Sponsors:    Jordan (R93); Zachary (R73)

Title:            REAL PROPERTY TECHNICAL CORRECTIONS

Summary:   An Act to Make Corrections and Other Amendments to Various Statutes Impacting Real Property Ownership and to Make Other Conforming Changes, as Recommended by the Real Property Section of the North Carolina State Bar Association.

Status:         04/13/2017 – House Committee On Judiciary III

Bill:               SB236

Sponsors:    Woodard (D22); Foushee, V. (D23); Smith‑Ingram (D3)

Title:            EFFICIENT AND AFFORDABLE ENERGY RATES

Summary:   An Act (1) to Require the North Carolina Utilities Commission to Establish Tiered Electricity Rates for Residential, Commercial, Public, and Industrial Customers to Encourage Energy Conservation and Energy Efficiency; (2) to Create the Energy Efficiency Bank to be Used for Loans to Customers for the Costs of Certain Energy Efficiency or Renewable Energy Projects; and (3) to Create an Incentive for Consumers to Purchase Energy Star Qualified Household Products.

Cospons:      Waddell, J. (D40)

Status:         03/14/2017 – Senate Committee On Rules and Operations of the Senate

Bill:               SB493

Sponsors:    Tucker (R35); Gunn (R24)

Title:            C‑PACE PROGRAM

Summary:   An Act Authorizing Cities and Counties to Participate in Commercial Property Assessed Capital Expenditures (C‑PACE) to Allow Property Owners to Voluntarily Agree to Assessments to Finance Upgrades or Improvements to Their Real Property.

Status:         03/30/2017 – Senate Committee On Rules and Operations of the Senate

Bill:               SB496

Sponsors:    Gunn (R24)

Title:            BANKING LAW AMENDMENTS

Summary:   An Act to Make Technical, Clarifying, and Other Amendments to Provisions Applicable to Commercial Banks, Provisions Applicable to Bank Holding Companies, and Provisions Relating to Mortgage Notice Requirements.

Related:       2017:HB462

Status:         04/11/2017 – Senate Committee On Commerce and Insurance

Bill:               SB571

Sponsors:    Rabin (R12); Woodard (D22)

Title:            CUSTOMARY AND REASONABLE FEES FOR APPRAISERS

Summary:   An Act to Clarify the Definition of Reasonable and Customary Compensation for Real Estate Appraisers.

Related:       2017:HB829

Status:         04/03/2017 – Senate Committee On Rules and Operations of the Senate

Bill:               SB573

Sponsors:    Gunn (R24)

Title:            APPRAISAL ASSIGNMENT MODIFICATIONS

Summary:   An Act to Modify the Law Related to Appraisal Assignments.

Status:         04/03/2017 – Senate Committee On Rules and Operations of the Senate

Bill:               SB576

Sponsors:    Gunn (R24)

Title:            REAL ESTATE APPRAISAL CLARIFICATIONS

Summary:   An Act to Conform with Federal Guidelines in the Performance of Evaluations for Real Property for Federally Regulated Financial Institutions.

Status:         04/03/2017 – Senate Committee On Rules and Operations of the Senate

Linda Goodwin • Nelson Mullins Riley & Scarborough LLP

Generated by NCInsider.com • Date: 04/13/2017 10:59a • © 2017 NC Insider Legislative Tracking Service

 

Mortgage Bankers Association of the Carolinas (2017-2018 Reg)

 

 

 

Bill:               HB54

Sponsors:    Hastings (R110); Saine (R97); Howard (R79); Setzer (R89)

Title:            PROTECT THE HARDWORKING TAXPAYERS ACT

Summary:   An Act to Remove the Limitation on the Income Tax Deduction for Mortgage Expense and Property Tax.

Cospons:      Fisher (D114); Dollar (R36); McElraft (R13); Jackson, D. (D39); Faircloth (R61); Brawley, W. (R103); Goodman (D66); Jordan (R93); Shepard (R15); McNeill (R78); Ford, C. (R76); Lambeth (R75); Bumgardner (R109); Ross, S. (R63); Graham, G. (D12); Hall, D. (D11); Dobson (R85); Reives (D54); Watford (R80); Ager (D115); Brockman (D60); Richardson, W. (D44); Stone (R105); Boswell (D6); Dulin (R104); Henson (R113); John (R40); Strickland (R28); Butler (D18); White (R26); Jones, Brenden (R46); Williams (R37); Hall (R87); Clampitt (R119); Grange (R20); Hall, K. (R91); Turner, B. (D116); Bradford (R98); Adcock (D41); Fraley (R95); Meyer (D50); Richardson, B. (D7); Hanes (D72); Presnell (R118); Bell, J. (R10); Malone (R35); Hardister (R59); Cunningham (D106); Pittman (R82); Moore, R. (D99); Jones, Bert (R65); Dixon (R4); Torbett (R108); Gill (D33); Burr (R67); Hurley (R70); Wray (D27); Johnson, L. (R83); Lucas, M. (D42)

Status:         02/08/2017 – House Committee On Finance

Bill:               HB86

Sponsors:    Hardister (R59); Jordan (R93); Hall, K. (R91); Goodman (D66)

Title:            AMEND BANKING COMMISSION MEMBERSHIP

Summary:   An Act to Amend the Membership of the Banking Commission.

Cospons:      Terry (D71)

Status:         03/15/2017 – Senate Committee On Rules and Operations of the Senate

Bill:               HB220

Sponsors:    Torbett (R108)

Title:            STATE INFRASTRUCTURE BANK REVISIONS

Summary:   An Act to Expand the Purposes for Which Funds from the State Infrastructure Bank May be Used and to Create an Oversight Board for the State Infrastructure Bank, as Recommended by the House Select Committee on Strategic Transportation Planning and Long Term Funding Solutions.

Cospons:      Floyd (D43); Reives (D54); Willingham (D23); Richardson, B. (D7); Wray (D27); Farmer‑Butterfield (D24)

Status:         03/02/2017 – House Committee On Transportation

Bill:               HB462

Sponsors:    Howard (R79); Setzer (R89); Hall (R87); Conrad (R74)

Title:            BANKING LAW AMENDMENTS

Summary:   An Act to Make Technical, Clarifying, and Other Amendments to Provisions Applicable to Commercial Banks, Provisions Applicable to Bank Holding Companies, Provisions Applicable to Credit Unions, and Provisions Relating to Mortgage Notice Requirements.

Cospons:      Stone (R105); Ross, S. (R63); Wray (D27)

Related:       2017:SB496

Status:         04/11/2017 – Senate Committee On Rules and Operations of the Senate

Bill:               HB518

Sponsors:    Jones, Brenden (R46)

Title:            SAFE ACT CHANGES

Summary:   An Act to Allow for Individuals to Offer and Negotiate Residential Mortgage Loans with Members of Their Extended Family Without Violating the Secure and Fair Enforcement Mortgage Licensing Act.

Cospons:      Bradford (R98)

Status:         04/05/2017 – House Committee On Rules, Calendar, and Operations of the House

Bill:               HB654

Sponsors:    Hardister (R59); Jordan (R93); Goodman (D66)

Title:            REDUCE MORTGAGE LENDER SURETY BONDS

Summary:   An Act to Reduce the Surety Bond Requirement for Licensees Under the Secure and Fair Enforcement Mortgage Licensing Act (NC S.A.F.E. Act).

Cospons:      Szoka (R45); Faircloth (R61); Wray (D27)

Status:         04/11/2017 – First reading in the House

Bill:               HB829

Sponsors:    Saine (R97); Lewis (R53); Hardister (R59)

Title:            CUSTOMARY AND REASONABLE FEES FOR APPRAISERS

Summary:   An Act to Clarify the Definition of Reasonable and Customary Compensation for Real Estate Appraisers.

Cospons:      Turner, B. (D116); Richardson, W. (D44); Reives (D54); Szoka (R45)

Related:       2017:SB571

Status:         04/11/2017 – Filed in the House

Scheduled:  04/13/2017—House Calendar, 10:00 a.m., House Chamber

Bill:               HB851

Sponsors:    Ross, S. (R63); Setzer (R89)

Title:            CONFORM APPRAISER FEES/TRUTH IN LENDING

Summary:   An Act to Conform the Law on the Compensation of Appraisers by Appraisal Management Companies to the Federal Truth‑In‑Lending Act as Interpreted by the Consumer Financial Protection Bureau's Regulation Z and to Replace an Inconsistent Reference to Principal Dwellings with a Reference to One‑ to Four‑Family Residential Dwellings.

Status:         04/11/2017 – Filed in the House

Scheduled:  04/13/2017—House Calendar, 10:00 a.m., House Chamber

Bill:               HB852

Sponsors:    Jordan (R93); Zachary (R73)

Title:            REAL PROPERTY TECHNICAL CORRECTIONS

Summary:   An Act to Make Corrections and Other Amendments to Various Statutes Impacting Real Property Ownership and to Make Other Conforming Changes, as Recommended by the Real Property Section of the North Carolina State Bar Association.

Status:         04/11/2017 – Filed in the House

Scheduled:  04/13/2017—House Calendar, 10:00 a.m., House Chamber

Bill:               SB236

Sponsors:    Woodard (D22); Foushee, V. (D23); Smith‑Ingram (D3)

Title:            EFFICIENT AND AFFORDABLE ENERGY RATES

Summary:   An Act (1) to Require the North Carolina Utilities Commission to Establish Tiered Electricity Rates for Residential, Commercial, Public, and Industrial Customers to Encourage Energy Conservation and Energy Efficiency; (2) to Create the Energy Efficiency Bank to be Used for Loans to Customers for the Costs of Certain Energy Efficiency or Renewable Energy Projects; and (3) to Create an Incentive for Consumers to Purchase Energy Star Qualified Household Products.

Cospons:      Waddell, J. (D40)

Status:         03/14/2017 – Senate Committee On Rules and Operations of the Senate

Bill:               SB493

Sponsors:    Tucker (R35); Gunn (R24)

Title:            C‑PACE PROGRAM

Summary:   An Act Authorizing Cities and Counties to Participate in Commercial Property Assessed Capital Expenditures (C‑PACE) to Allow Property Owners to Voluntarily Agree to Assessments to Finance Upgrades or Improvements to Their Real Property.

Status:         03/30/2017 – Senate Committee On Rules and Operations of the Senate

Bill:               SB496

Sponsors:    Gunn (R24)

Title:            BANKING LAW AMENDMENTS

Summary:   An Act to Make Technical, Clarifying, and Other Amendments to Provisions Applicable to Commercial Banks, Provisions Applicable to Bank Holding Companies, and Provisions Relating to Mortgage Notice Requirements.

Related:       2017:HB462

Status:         04/11/2017 – Senate Committee On Commerce and Insurance

Bill:               SB571

Sponsors:    Rabin (R12); Woodard (D22)

Title:            CUSTOMARY AND REASONABLE FEES FOR APPRAISERS

Summary:   An Act to Clarify the Definition of Reasonable and Customary Compensation for Real Estate Appraisers.

Related:       2017:HB829

Status:         04/03/2017 – Senate Committee On Rules and Operations of the Senate

Bill:               SB573

Sponsors:    Gunn (R24)

Title:            APPRAISAL ASSIGNMENT MODIFICATIONS

Summary:   An Act to Modify the Law Related to Appraisal Assignments.

Status:         04/03/2017 – Senate Committee On Rules and Operations of the Senate

Bill:               SB576

Sponsors:    Gunn (R24)

Title:            REAL ESTATE APPRAISAL CLARIFICATIONS

Summary:   An Act to Conform with Federal Guidelines in the Performance of Evaluations for Real Property for Federally Regulated Financial Institutions.

Status:         04/03/2017 – Senate Committee On Rules and Operations of the Senate

Linda Goodwin • Nelson Mullins Riley & Scarborough LLP

Generated by NCInsider.com • Date: 04/07/2017 10:34a • © 2017 NC Insider Legislative Tracking Service

 

Mortgage Bankers Association of the Carolinas (2017-2018 Reg)

 

 

 

Bill:               HB54

Sponsors:    Hastings (R110); Saine (R97); Howard (R79); Setzer (R89)

Title:            PROTECT THE HARDWORKING TAXPAYERS ACT

Summary:   An Act to Remove the Limitation on the Income Tax Deduction for Mortgage Expense and Property Tax.

Cospons:      Fisher (D114); Dollar (R36); McElraft (R13); Jackson, D. (D39); Faircloth (R61); Brawley, W. (R103); Goodman (D66); Jordan (R93); Shepard (R15); McNeill (R78); Ford, C. (R76); Lambeth (R75); Bumgardner (R109); Ross, S. (R63); Graham, G. (D12); Hall, D. (D11); Dobson (R85); Reives (D54); Watford (R80); Ager (D115); Brockman (D60); Richardson, W. (D44); Stone (R105); Boswell (D6); Dulin (R104); Henson (R113); John (R40); Strickland (R28); Butler (D18); White (R26); Jones, Brenden (R46); Williams (R37); Hall (R87); Clampitt (R119); Grange (R20); Hall, K. (R91); Turner, B. (D116); Bradford (R98); Adcock (D41); Fraley (R95); Meyer (D50); Richardson, B. (D7); Hanes (D72); Presnell (R118); Bell, J. (R10); Malone (R35); Hardister (R59); Cunningham (D106); Pittman (R82); Moore, R. (D99); Jones, Bert (R65); Dixon (R4); Torbett (R108); Gill (D33); Burr (R67); Hurley (R70); Wray (D27); Johnson, L. (R83); Lucas, M. (D42)

Status:         02/08/2017 – House Committee On Finance

Bill:               HB86

Sponsors:    Hardister (R59); Jordan (R93); Hall, K. (R91); Goodman (D66)

Title:            AMEND BANKING COMMISSION MEMBERSHIP

Summary:   An Act to Amend the Membership of the Banking Commission.

Cospons:      Terry (D71)

Status:         03/15/2017 – Senate Committee On Rules and Operations of the Senate

Bill:               HB220

Sponsors:    Torbett (R108)

Title:            STATE INFRASTRUCTURE BANK REVISIONS

Summary:   An Act to Expand the Purposes for Which Funds from the State Infrastructure Bank May be Used and to Create an Oversight Board for the State Infrastructure Bank, as Recommended by the House Select Committee on Strategic Transportation Planning and Long Term Funding Solutions.

Cospons:      Floyd (D43); Reives (D54); Willingham (D23); Richardson, B. (D7); Wray (D27); Farmer‑Butterfield (D24)

Status:         03/02/2017 – House Committee On Transportation

Bill:               HB462

Sponsors:    Howard (R79); Setzer (R89); Hall (R87); Conrad (R74)

Title:            BANKING LAW AMENDMENTS

Summary:   An Act to Make Technical, Clarifying, and Other Amendments to Provisions Applicable to Commercial Banks, Provisions Applicable to Bank Holding Companies, Provisions Applicable to Credit Unions, and Provisions Relating to Mortgage Notice Requirements.

Cospons:      Stone (R105); Ross, S. (R63); Wray (D27)

Related:       2017:SB496

Status:         04/06/2017 – House Committee On Finance

Scheduled:  04/10/2017—House Calendar, 5:00 p.m., House Chamber

Bill:               HB518

Sponsors:    Jones, Brenden (R46)

Title:            SAFE ACT CHANGES

Summary:   An Act to Allow for Individuals to Offer and Negotiate Residential Mortgage Loans with Members of Their Extended Family Without Violating the Secure and Fair Enforcement Mortgage Licensing Act.

Cospons:      Bradford (R98)

Status:         04/05/2017 – House Committee On Rules, Calendar, and Operations of the House

Bill:               HB654

Sponsors:    Hardister (R59); Jordan (R93); Goodman (D66)

Title:            REDUCE MORTGAGE LENDER SURETY BONDS

Summary:   An Act to Reduce the Surety Bond Requirement for Licensees Under the Secure and Fair Enforcement Mortgage Licensing Act (NC S.A.F.E. Act).

Cospons:      Szoka (R45)

Status:         04/06/2017 – Filed in the House

Bill:               SB236

Sponsors:    Woodard (D22); Foushee, V. (D23); Smith‑Ingram (D3)

Title:            EFFICIENT AND AFFORDABLE ENERGY RATES

Summary:   An Act (1) to Require the North Carolina Utilities Commission to Establish Tiered Electricity Rates for Residential, Commercial, Public, and Industrial Customers to Encourage Energy Conservation and Energy Efficiency; (2) to Create the Energy Efficiency Bank to be Used for Loans to Customers for the Costs of Certain Energy Efficiency or Renewable Energy Projects; and (3) to Create an Incentive for Consumers to Purchase Energy Star Qualified Household Products.

Cospons:      Waddell, J. (D40)

Status:         03/14/2017 – Senate Committee On Rules and Operations of the Senate

Bill:               SB496

Sponsors:    Gunn (R24)

Title:            BANKING LAW AMENDMENTS

Summary:   An Act to Make Technical, Clarifying, and Other Amendments to Provisions Applicable to Commercial Banks, Provisions Applicable to Bank Holding Companies, and Provisions Relating to Mortgage Notice Requirements.

Related:       2017:HB462

Status:         03/30/2017 – Senate Committee On Rules and Operations of the Senate

Bill:               SB571

Sponsors:    Rabin (R12); Woodard (D22)

Title:            CUSTOMARY AND REASONABLE FEES FOR APPRAISERS

Summary:   An Act to Clarify the Definition of Reasonable and Customary Compensation for Real Estate Appraisers.

Status:         04/03/2017 – Senate Committee On Rules and Operations of the Senate

Bill:               SB573

Sponsors:    Gunn (R24)

Title:            APPRAISAL ASSIGNMENT MODIFICATIONS

Summary:   An Act to Modify the Law Related to Appraisal Assignments.

Status:         04/03/2017 – Senate Committee On Rules and Operations of the Senate

Bill:               SB576

Sponsors:    Gunn (R24)

Title:            REAL ESTATE APPRAISAL CLARIFICATIONS

Summary:   An Act to Conform with Federal Guidelines in the Performance of Evaluations for Real Property for Federally Regulated Financial Institutions.

Status:         04/03/2017 – Senate Committee On Rules and Operations of the Senate

Linda Goodwin • Nelson Mullins Riley & Scarborough LLP

Generated by NCInsider.com • Date: 03/24/2017 09:38a • © 2017 NC Insider Legislative Tracking Service

 

Mortgage Bankers Association of the Carolinas (2017-2018 Reg)

 

 

 

Bill:               HB54

Sponsors:    Hastings (R110); Saine (R97); Howard (R79); Setzer (R89)

Title:            PROTECT THE HARDWORKING TAXPAYERS ACT

Summary:   An Act to Remove the Limitation on the Income Tax Deduction for Mortgage Expense and Property Tax.

Cospons:      Fisher (D114); Dollar (R36); McElraft (R13); Jackson, D. (D39); Faircloth (R61); Brawley, W. (R103); Goodman (D66); Jordan (R93); Shepard (R15); McNeill (R78); Ford, C. (R76); Lambeth (R75); Bumgardner (R109); Ross, S. (R63); Graham, G. (D12); Hall, D. (D11); Dobson (R85); Reives (D54); Watford (R80); Ager (D115); Brockman (D60); Richardson, W. (D44); Stone (R105); Boswell (D6); Dulin (R104); Henson (R113); John (R40); Strickland (R28); Butler (D18); White (R26); Jones, Brenden (R46); Williams (R37); Hall (R87); Clampitt (R119); Grange (R20); Hall, K. (R91); Turner, B. (D116); Bradford (R98); Adcock (D41); Fraley (R95); Meyer (D50); Richardson, B. (D7); Hanes (D72); Presnell (R118); Bell, J. (R10); Malone (R35); Hardister (R59); Cunningham (D106); Pittman (R82); Moore, R. (D99); Jones, Bert (R65); Dixon (R4); Torbett (R108); Gill (D33); Burr (R67); Hurley (R70); Wray (D27); Johnson, L. (R83); Lucas, M. (D42)

Status:         02/08/2017 – House Committee On Finance

Bill:               HB86

Sponsors:    Hardister (R59); Jordan (R93); Hall, K. (R91); Goodman (D66)

Title:            AMEND BANKING COMMISSION MEMBERSHIP

Summary:   An Act to Amend the Membership of the Banking Commission.

Cospons:      Terry (D71)

Status:         03/15/2017 – Senate Committee On Rules and Operations of the Senate

Bill:               HB220

Sponsors:    Torbett (R108)

Title:            STATE INFRASTRUCTURE BANK REVISIONS

Summary:   An Act to Expand the Purposes for Which Funds from the State Infrastructure Bank May be Used and to Create an Oversight Board for the State Infrastructure Bank, as Recommended by the House Select Committee on Strategic Transportation Planning and Long Term Funding Solutions.

Cospons:      Floyd (D43); Reives (D54); Willingham (D23); Richardson, B. (D7); Wray (D27); Farmer‑Butterfield (D24)

Status:         03/02/2017 – House Committee On Transportation

Bill:               HB462

Sponsors:    Howard (R79); Setzer (R89); Hall (R87); Conrad (R74)

Title:            BANKING LAW AMENDMENTS

Summary:   An Act to Make Technical, Clarifying, and Other Amendments to Provisions Applicable to Commercial Banks, Provisions Applicable to Bank Holding Companies, and Provisions Relating to Mortgage Notice Requirements.

Cospons:      Wray (D27)

Status:         03/23/2017 – Filed in the House

 

 

 

 

 

Linda Goodwin • Nelson Mullins Riley & Scarborough LLP

Generated by NCInsider.com • Date: 03/10/2017 09:57a • © 2017 NC Insider Legislative Tracking Service

 

 

 

Bill:               HB54

Sponsors:    Hastings (R110); Saine (R97); Howard (R79); Setzer (R89)

Title:            PROTECT THE HARDWORKING TAXPAYERS ACT

Summary:   An Act to Remove the Limitation on the Income Tax Deduction for Mortgage Expense and Property Tax.

Cospons:      Fisher (D114); Dollar (R36); McElraft (R13); Jackson, D. (D39); Faircloth (R61); Brawley, W. (R103); Goodman (D66); Jordan (R93); Shepard (R15); McNeill (R78); Ford, C. (R76); Lambeth (R75); Bumgardner (R109); Ross, S. (R63); Graham, G. (D12); Hall, D. (D11); Dobson (R85); Reives (D54); Watford (R80); Ager (D115); Brockman (D60); Richardson, W. (D44); Stone (R105); Williams (R37); Strickland (R28); White (R26); John (R40); Grange (R20); Hall, K. (R91); Turner, B. (D116); Bradford (R98); Adcock (D41); Fraley (R95); Meyer (D50); Richardson, B. (D7); Hanes (D72); Presnell (R118); Bell, J. (R10); Malone (R35); Hardister (R59); Cunningham (D106); Pittman (R82); Moore, R. (D99); Jones (R65); Dixon (R4); Torbett (R108); Gill (D33); Burr (R67); Hurley (R70); Wray (D27); Johnson, L. (R83); Lucas, M. (D42)

Status:         02/08/2017 – House Committee On Finance

Bill:               HB86

Sponsors:    Hardister (R59); Jordan (R93); Hall, K. (R91); Goodman (D66)

Title:            AMEND BANKING COMMISSION MEMBERSHIP

Summary:   An Act to Amend the Membership of the Banking Commission.

Cospons:      Terry (D71)

Status:         03/09/2017 – Reported by House committee

Bill:               HB220

Sponsors:    Torbett (R108)

Title:            STATE INFRASTRUCTURE BANK REVISIONS

Summary:   An Act to Expand the Purposes for Which Funds from the State Infrastructure Bank May be Used and to Create an Oversight Board for the State Infrastructure Bank, as Recommended by the House Select Committee on Strategic Transportation Planning and Long Term Funding Solutions.

Cospons:      Floyd (D43); Reives (D54); Willingham (D23); Richardson, B. (D7); Wray (D27); Farmer‑Butterfield (D24)

Status:         03/02/2017 – House Committee On Transportation

Linda Goodwin • Nelson Mullins Riley & Scarborough LLP

Generated by NCInsider.com • Date: 03/03/2017 10:05a • © 2017 NC Insider Legislative Tracking Service

 

Mortgage Bankers Association of the Carolinas (2017-2018 Reg)

 

 

 

Bill:               HB54

Sponsors:    Hastings (R110); Saine (R97); Howard (R79); Setzer (R89)

Title:            PROTECT THE HARDWORKING TAXPAYERS ACT

Summary:   An Act to Remove the Limitation on the Income Tax Deduction for Mortgage Expense and Property Tax.

Cospons:      Fisher (D114); Dollar (R36); McElraft (R13); Jackson, D. (D39); Faircloth (R61); Brawley, W. (R103); Goodman (D66); Jordan (R93); Shepard (R15); McNeill (R78); Ford, C. (R76); Lambeth (R75); Bumgardner (R109); Ross, S. (R63); Graham, G. (D12); Hall, D. (D11); Dobson (R85); Reives (D54); Watford (R80); Ager (D115); Brockman (D60); Richardson, W. (D44); Stone (R105); Williams (R37); Strickland (R28); White (R26); John (R40); Grange (R20); Hall, K. (R91); Turner, B. (D116); Bradford (R98); Adcock (D41); Fraley (R95); Meyer (D50); Richardson, B. (D7); Hanes (D72); Presnell (R118); Bell, J. (R10); Malone (R35); Hardister (R59); Cunningham (D106); Pittman (R82); Moore, R. (D99); Jones (R65); Dixon (R4); Torbett (R108); Gill (D33); Burr (R67); Hurley (R70); Wray (D27); Johnson, L. (R83); Lucas, M. (D42)

Status:         02/08/2017 – House Committee On Finance

Bill:               HB86

Sponsors:    Hardister (R59); Jordan (R93); Hall, K. (R91); Goodman (D66)

Title:            AMEND BANKING COMMISSION MEMBERSHIP

Summary:   An Act to Amend the Membership of the Banking Commission.

Cospons:      Terry (D71)

Status:         02/13/2017 – First reading in the House

Bill:               HB220

Sponsors:    Torbett (R108)

Title:            STATE INFRASTRUCTURE BANK REVISIONS

Summary:   An Act to Expand the Purposes for Which Funds from the State Infrastructure Bank May be Used and to Create an Oversight Board for the State Infrastructure Bank, as Recommended by the House Select Committee on Strategic Transportation Planning and Long Term Funding Solutions.

Cospons:      Floyd (D43); Reives (D54); Willingham (D23); Richardson, B. (D7); Wray (D27); Farmer‑Butterfield (D24)

Status:         03/02/2017 – House Committee On Transportation

 

Linda Goodwin • Nelson Mullins Riley & Scarborough LLP

Generated by NCInsider.com • Date: 02/17/2017 09:43a • © 2017 NC Insider Legislative Tracking Service

 

Mortgage Bankers Association of the Carolinas (2017-2018 Reg)

 

 

 

Bill:               HB54

Sponsors:    Hastings (R110); Saine (R97); Howard (R79); Setzer (R89)

Title:            PROTECT THE HARDWORKING TAXPAYERS ACT

Summary:   An Act to Remove the Limitation on the Income Tax Deduction for Mortgage Expense and Property Tax.

Cospons:      Fisher (D114); Dollar (R36); McElraft (R13); Jackson, D. (D39); Faircloth (R61); Brawley, W. (R103); Goodman (D66); Jordan (R93); Shepard (R15); McNeill (R78); Ford, C. (R76); Lambeth (R75); Bumgardner (R109); Ross, S. (R63); Graham, G. (D12); Hall, D. (D11); Dobson (R85); Reives (D54); Watford (R80); Ager (D115); Brockman (D60); Richardson, W. (D44); Stone (R105); Williams (R37); Strickland (R28); White (R26); John (R40); Grange (R20); Hall, K. (R91); Turner, B. (D116); Bradford (R98); Adcock (D41); Fraley (R95); Meyer (D50); Richardson, B. (D7); Hanes (D72); Presnell (R118); Bell, J. (R10); Malone (R35); Hardister (R59); Cunningham (D106); Pittman (R82); Moore, R. (D99); Jones (R65); Dixon (R4); Torbett (R108); Gill (D33); Burr (R67); Hurley (R70); Wray (D27); Johnson, L. (R83); Lucas, M. (D42)

Status:         02/08/2017 – House Committee On Finance

Bill:               HB86

Sponsors:    Hardister (R59); Jordan (R93); Hall, K. (R91); Goodman (D66)

Title:            AMEND BANKING COMMISSION MEMBERSHIP

Summary:   An Act to Amend the Membership of the Banking Commission.

Cospons:      Terry (D71)

Status:         02/13/2017 – First reading in the House

 

February 10, 2017

 

Mortgage Bankers Association of the Carolinas (2017-2018 Reg)

 

 

 

Bill:               HB54

Sponsors:    Hastings (R110); Saine (R97); Howard (R79); Setzer (R89)

Title:            PROTECT THE HARDWORKING TAXPAYERS ACT

Summary:   An Act to Remove the Limitation on the Income Tax Deduction for Mortgage Expense and Property Tax.

Cospons:      Fisher (D114); Dollar (R36); Burr (R67); Gill (D33); Torbett (R108); Dixon (R4); Jones (R65); Moore, R. (D99); Pittman (R82); Cunningham (D106); Hardister (R59); Malone (R35); Bell, J. (R10); Presnell (R118); Hanes (D72); Richardson, B. (D7); Meyer (D50); Fraley (R95); Adcock (D41); Bradford (R98); Turner, B. (D116); Hall, K. (R91); Grange (R20); John (R40); White (R26); Strickland (R28); Williams (R37); Stone (R105); Richardson, W. (D44); Brockman (D60); Ager (D115); Watford (R80); Reives (D54); Dobson (R85); Hall, D. (D11); Graham, G. (D12); Ross, S. (R63); Bumgardner (R109); Lambeth (R75); Ford, C. (R76); McNeill (R78); Shepard (R15); Jordan (R93); Goodman (D66); Brawley, W. (R103); Faircloth (R61); Jackson, D. (D39); Hurley (R70); Wray (D27); Johnson, L. (R83); Lucas, M. (D42)

Status:         02/08/2017 – House Committee On Finance

Bill:               HB86

Sponsors:    Hardister (R59); Jordan (R93); Hall, K. (R91); Goodman (D66)

Title:            AMEND BANKING COMMISSION MEMBERSHIP

Summary:   An Act to Amend the Membership of the Banking Commission.

Status:         02/09/2017 – Filed in the House

 

FEBRUARY 3, 2017

 

 

It was another slow week at the General Assembly, which isn’t atypical for the beginning of a long session.

Committees have been appointed by the President Pro Tempore in the Senate:

http://www.ncleg.net/gascripts/Committees/Committees.asp?sAction=ViewCommitteeType&sActionDetails=Senate%20Standing

Committees have also been appointed by the Speaker in the House:

http://www.ncleg.net/gascripts/Committees/Committees.asp?sAction=ViewCommitteeType&sActionDetails=House%20Standing.

No committee meetings were held and only a handful of bills were dropped into the hopper. Fortunately, or unfortunately (depending on your perspective), there is plenty of time for members to introduce legislation according to this year’s deadlines:

http://www.ncleg.net/documentsites/legislativepublications/Bill%20Filing%20Deadlines%202017.pdf

nate Democrats did file legislation to repeal last year’s controversial House Bill 2 (“Public Facilities Privacy and Security Act”):

http://www.ncleg.net/Sessions/2017/Bills/Senate/PDF/S25v1.pdf

A December 2016 effort to repeal the measure ultimately collapsed amid accusations and top Republican leaders say that any repeal effort this year would likely involve a compromise where local governments would be limited in their ability to approve new LGBT protections. Democrats argue a clean repeal is both preferable and possible.

Another partisan fight is brewing over who has the authority to sign off on the new governor's Cabinet appointments. Democratic Governor Roy Cooper has announced eight appointments with two more to be named in the coming weeks. The state Constitution conditions a governor's appointments on the "advice and consent" of a majority of the (currently Republican) Senate, although that has not been the previous practice and the Governor is arguing in court that it doesn't include Cabinet appointments.

Until and unless a judge rules otherwise, the Senate is scheduling the vetting process. Observers believe the two most potentially tricky selections are Michael Regan (Department of Environmental Quality) and Mandy Cohen (Department of Health and Human Services). Thus far, the Cooper administration has yet to say if it will comply with the Senate’s request for its nominees to appear and answer questions. 

 

JANUARY 27, 2017

 

 

The North Carolina General Assembly formally reconvened on January 11th to re-elect Tim Moore as Speaker of the House and Phil Berger as Senate President Pro Tem. After a two week organizational break, the legislature began to slowly crank back into action this week.

 

Committee chairs have been named in each chamber. A few dozen bills were introduced. No committee meetings were held but they are expected to start next week. The “crossover deadline” (the date non-fiscal bills must pass either the House or Senate to remain eligible for consideration) was announced as April 27th.

 

The recent announcement that state revenue collections are running $322 million ahead of projections might lead some to believe the session will conclude around the beginning of the fiscal year on July 1st. However, long-time observers note a surplus can actually prolong the duration of a legislative session as lawmakers debate how to spend or save extra funds.

 

Add in continued tension over the controversial House Bill 2 from last year (will there be another attempt to compromise on a repeal? will the courts address the issue first? will economic pressure on the state continue?) and the already strained relations between the new Democratic Governor and Republican super-majorities in the legislature…

 

It all leads up to an “interesting” session and the Nelson Mullins government relations team will be here to keep you informed and help you accomplish your goals.