SB 718 — Fair Procurement and Ownership Reform Act.
Last action — Passed 1st Reading
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✓Introduced
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2In Committee
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3Passed Senate
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4Passed House
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5To Executive
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6Enacted
This bill is in committee in the Senate. Introduced March 25, 2025. It must pass committee before a floor vote.
Next likely step: a committee vote, then a floor vote in the Senate.
Prognosis
Where this bill stands today.
Odds of enactment
LowHow often bills like it became law.
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In Committee
Current position in the legislative process.
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4 sponsors
1 primary, 3 co-sponsors signed on.
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Single-party support
Sponsorship is currently within one party (4 D).
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
17 added · 18 removedPlain-language change summary
The latest version of Senate Bill 718 includes new provisions that create a specific article focused on Renewable Energy Facilities, detailing how these facilities can contribute to the state's energy goals. Additionally, the bill introduces faster review processes for self-developed renewable energy projects, which could streamline project approvals. These changes are significant because they aim to enhance the state's commitment to renewable energy while making it easier for developers to bring new projects online, supporting a cleaner energy future.
FILED SENATE GENERAL ASSEMBLY OF NORTH CAROLINA MarSESSION 25, 2025 S.B.S 1 SENATE BILL 718 Short Title:
718 SESSION 2025 PRINCIPAL CLERK S D SENATE BILL DRS45351-NJ-38A Short Title:
Rules and Operations of the Senate March 26, 2025 A BILL TO BE ENTITLED ANACTREVISINGRENEWABLEENERGYPROCUREMENTANDOWNERSHIPLAWS.ANACTREVISINGRENEWABLEENERGYPROCUREMENTANDOWNERSHIP LAWS.
Chapter 62 of the General Statutes is amended bybyadding adding a new Article to read:
(5) Renewable EnergyEnergyFacility. Facility.
– A facilityfacilitythat that generates energy from renewable sources such as solar, wind, hydropower, and other renewable technologies.
*DRS45351-NJ-38A**S718-v-1* General Assembly Of North Carolina Session 2025 (6) Small commercial or industrial customer.
(1) Firstandforemost,alignmentwithstaterenewableenergygoalsandFirstandforemost,alignmentwithstaterenewableenergygoalsandemissions emissions reduction targets.
Page 2 DRS45351-NJ-38ASenate Bill 718-First Edition General Assembly Of North Carolina Session 2025 (a) The procurement process shall be administered by an independent third-party entity to ensure an open, fair process.
(a) The shared solar program capacity shall be reassessed to better meet demand and equity among customer categories and shall be reallocated as follows (i) large commercial or industrial customers, forty-five percent (45%), (ii) small commercial or industrial customers, twenty-fivepercent (25%),(iii) government customers,fifteenpercentcustomers,fifteen (15%),and(iv)residentialpercent (15%),and (iv)residential customers, fifteen percent (15%).
(3) Public utilities maymaydefer defer incremental costs as regulatory assets until reflected in customer rates, subject to Commission approval.
(d) If a utility fails to meet procurement and carbon reduction targets, third-party developers maymaypropose propose self-developed projects with faster review processes, provided that costs remain below market rate.
DRS45351-NJ-38ASenate Bill 718-First Edition Page 3 General Assembly Of North Carolina Session 2025 (b) All programs under this act shall be subject to biennial evaluation in line with the CPIRPprocess bythe Commissiontoassesseffectivenessandensurealignmentwithstateenergy goals.
Page 4 DRS45351-NJ-38ASenate Bill 718-First Edition
Action History
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Passed 1st Reading
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Ref To Com On Rules and Operations of the Senate
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Filed
Sponsors
- Joyce Waddell · Cosponsor
- Natalie S. Murdock · Cosponsor
- Graig Meyer · Primary
- Kandie D. Smith · Cosponsor
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 3 co-sponsors · 175 not signed on
Sponsors (1)
- Graig Meyer Democratic
Co-sponsors (3)
- Joyce Waddell Democratic
- Natalie S. Murdock Democratic
- Kandie D. Smith Democratic
Not signed on (175)
175 members have not signed on to this bill.
Show all 175 →"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.
Subjects
Frequently asked questions
- Who sponsors SB 718?
- SB 718 is sponsored by Joyce Waddell (Democratic), Natalie S. Murdock (Democratic), Graig Meyer (Democratic), and Kandie D. Smith (Democratic).
- What is the current status of SB 718?
- This bill is in committee in the Senate. Introduced March 25, 2025. It must pass committee before a floor vote.
- Where can I track SB 718?
- Track SB 718 free on One Click Politics — get push/email alerts when it moves.
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Last checked for changes 3 months ago · updated continuously
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