North Carolina 2023-2024 Session Status: Enacted 4 R cosponsors

SB 332 — 2023 Appropriations Act Changes.

Last action — Signed by Gov. 7/8/2024

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  1. ✓
    Introduced
  2. ✓
    In Committee
  3. ✓
    Passed Senate
  4. ✓
    Passed House
  5. ✓
    To Executive
  6. 6
    Enacted

This bill has been enacted into law. Introduced March 20, 2023. Enacted.

Prognosis

Advancing 58% · moderate confidence

Where this bill stands today.

Odds of enactment

High

How often bills like it became law.

  • Enacted

    Current position in the legislative process.

  • 4 sponsors

    2 primary, 2 co-sponsors signed on.

  • Single-party support

    Sponsorship is currently within one party (4 R).

Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.

Bill Text

What changed in the latest version

25 added · 9 removed

Plain-language change summary

In the latest version of Bill SB 332, the maximum allowable insurance coverage for habitational property has been increased from $750,000 to $1,000,000. This change is significant as it allows property owners to secure more coverage, providing them with better financial protection against potential damages. Additionally, the notes referencing recommendations from the Association have been refined, enhancing clarity about the bill's intentions.

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GENERAL ASSEMBLY OF NORTH CAROLINA SESSION 2023 S 2 SENATE BILL 332 Commerce and Insurance Committee Substitute Adopted 4/25/23 Short Title:
GENERAL ASSEMBLY OF NORTH CAROLINA SESSION 2023 S 1 SENATE BILL 332 Short Title:
Senators Johnson, Lazzara, and Hanig (Primary Sponsors).
March 21, 2023 A BILL TO BE ENTITLED AN ACT TO MODIFY BEACH PLAN POLICY LIMITS.
Rules and Operations of the Senate March 21, 2023 A BILL TO BE ENTITLED AN ACT TO MODIFY BEACH PLAN POLICY LIMITS.
SECTION 1.
SECTION 1.(a) G.S.
G.S.
Insurance issued by the Association for commercial property shall not exceed three four million dollars ($3,000,000) ($4,000,000) on any freestanding structure or any building unit within multiple firewall divisions, provided the aggregate insurance on structures with multiple firewall divisions shall not exceed six ten million dollars ($6,000,000) ($10,000,000) on all interest at one risk.
Insurance issued by the Association for commercial property shall not exceed three five million dollars ($3,000,000) ($5,000,000) on any freestanding structure or any building unit within multiple firewall divisions, provided the aggregate insurance on structures with multiple firewall divisions shall not exceed six ten million dollars ($6,000,000) ($10,000,000) on all interest at one risk.
…." SECTION 2.
…." SECTION 1.(b) This section becomes effective June 1, 2023, and applies to contracts issued, amended, or renewed on or after that date.
This act is effective July 1, 2023, and applies to contracts issued, amended, or renewed on or after that date.
SECTION 2.(a) G.S.
*S332-v-2*
58-45-41, as amended by Section 1(a) of this act, reads as rewritten:
"§ 58-45-41.
Coverage limits.
(a) The Association shall cause to be issued insurance up to the reasonable value of the insurable property, both habitational property and commercial property, subject to a maximum of one million dollars ($1,000,000) on habitational property.
as recommended bythe Association and approved by the Commissioner.
The above limits on habitational property shall apply to the value of the building only.
Insurance issued bythe Association for commercial propertyshall not exceed five million dollars ($5,000,000) the limits provided in this subsection on any freestanding structure or any building unit within multiple firewall divisions, provided the aggregate insurance on structures with multiple firewall divisions shall not exceed ten million dollars ($10,000,000) on all interest at one risk.
…." SECTION 2.(b) This section becomes effective June 1, 2024, and applies to contracts issued, amended, or renewed on or after that date.
SECTION 3.
Except as otherwise provided, this act is effective when it becomes law.
*S332-v-1*
View plain text versions (8)

How this bill changes current law

2 changes Share ↗

AI-generated reading aid from the bill's amendatory text — verify against the official bill.

The amendment appropriates additional funds for salary and benefits increases and revises criteria for enforcing supplementing funds for teacher compensation.

  • SECTION 1.7A. Any receipts that are required to be used to pay the legislatively mandated salary increases and employee benefits increases provided in this act are appropriated up to the actual amount received for the 2024-2025 fiscal year.

    This establishes a new appropriation mechanism for salary and benefit increases based on actual receipts.

  • S.L. 2023-134, Section 7A.4

    SECTION 7A.4.(f1) Nonsupplant Enforcement. – If the State Board of Education determines that a local school administrative unit has supplanted non-State funds in violation of subsection (f) of this section, the State Board of Education shall do the following: (1) For the 2023-2024 fiscal year, continue to allocate funds to the unit in accordance with subsection (c) of this section. (2) For the 2024-2025 fiscal year, do either of the following: a. If the unit can show that it has remedied the deficiency in funding, continue to allocate funds to the unit in accordance with subsection (c) of this section. b. If the unit cannot show that it has remedied the deficiency in funding, not allocate any funds under this section to the unit.

    This adds new enforcement provisions for ensuring that local school units do not supplant funding for teacher compensation.

Action History

  1. Signed by Gov. 7/8/2024

  2. Ch. SL 2024-39

  3. Ratified

  4. Pres. To Gov. 6/28/2024

  5. Concurred In H Com Sub

  6. Ordered Enrolled

  7. Reptd Fav Com Substitute

  8. Cal Pursuant Rule 36(b)

  9. Added to Calendar

  10. Amend Adopted A1

  11. Passed 2nd Reading

  12. Passed 3rd Reading

  13. Ordered Engrossed

  14. Special Message Sent To Senate

  15. Special Message Received For Concurrence in H Com Sub

  16. Placed On Cal For 06/27/2024

  17. Passed 1st Reading

  18. Ref To Com On Rules, Calendar, and Operations of the House

  19. Regular Message Sent To House

  20. Regular Message Received From Senate

  21. Passed 2nd Reading

  22. Passed 3rd Reading

  23. Reptd Fav

  24. Reptd Fav Com Substitute

  25. Com Substitute Adopted

  26. Re-ref Com On Rules and Operations of the Senate

  27. Withdrawn From Com

  28. Re-ref to Commerce and Insurance. If fav, re-ref to Rules and Operations of the Senate

  29. Passed 1st Reading

  30. Ref To Com On Rules and Operations of the Senate

  31. Filed

Sponsors

Sponsorship breakdown

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2 sponsors · 2 co-sponsors · 175 not signed on

Sponsors (2)

Co-sponsors (2)

Not signed on (175)

175 members have not signed on to this bill.

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"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

Who sponsors SB 332?
SB 332 is sponsored by Michael A. Lazzara (Republican), Bobby Hanig (Republican), Jim Burgin (Republican), and Todd Johnson (Republican).
What is the current status of SB 332?
This bill has been enacted into law. Introduced March 20, 2023. Enacted.
Where can I track SB 332?
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