North Carolina 2025 Session Status: In Committee 2 D cosponsors

SB 1070 — Restore the American Dream.

Last action — Withdrawn From Com

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

This bill is in committee in the Senate. Introduced April 30, 2026. It must pass committee before a floor vote.

Next likely step: a committee vote, then a floor vote in the Senate.

Prognosis

Stalled 18% · moderate confidence

Where this bill stands today.

Odds of enactment

Low

How often bills like it became law.

  • In Committee

    Current position in the legislative process.

  • 2 sponsors

    0 primary, 2 co-sponsors signed on.

  • Single-party support

    Sponsorship is currently within one party (2 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

13 added · 14 removed

Plain-language change summary

The revised version of Senate Bill 1070 maintains key provisions but edits certain phrases for clarity. Notably, the phrasing about the investment in the Housing Trust Fund and tax payment procedures has been streamlined. These changes help ensure clear communication about funding allocations and tax responsibilities. This matters because it enhances transparency and may improve the bill's effectiveness in addressing housing needs and financial processes in North Carolina.

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FILED SENATE GENERAL ASSEMBLY OF NORTH CAROLINA Apr 30, 2026 S.B.
GENERAL ASSEMBLY OF NORTH CAROLINA SESSION 2025 S 1 SENATE BILL 1070 Short Title:
1070 SESSION 2025 PRINCIPAL CLERK S D SENATE BILL DRS45534-MQa-121 Short Title:
A BILL TO BE ENTITLED AN ACT TO EXPAND WORKFORCE HOUSING BY PROVIDING CURRENT AND ONGOING FUNDING FOR THE HOUSING TRUST FUND.
Rules and Operations of the Senate May 4, 2026 A BILL TO BE ENTITLED AN ACT TO EXPAND WORKFORCE HOUSING BY PROVIDING CURRENT AND ONGOING FUNDING FOR THE HOUSING TRUST FUND.
and Whereas,NorthCarolina'sinvestmentintheHousingTrustFundhasdecreasednearly 68% over the last 10 years – from $21 million in the 2007 fiscal year to a low-water mark of $6.8 million in the 2015 fiscal year;
and Whereas,NorthCarolina'sinvestmentintheHousingTrust Fundhasdecreasednearly 68% over the last 10 years – from $21 million in the 2007 fiscal year to a low-water mark of $6.8 million in the 2015 fiscal year;
For every $1 million that the Housing Trust Fund spends:
For every$1 million that the Housing Trust Fund spends:
$5,169,000 in affordable housing real estate *DRS45534-MQa-121* General Assembly Of North Carolina Session 2025 value is generated;
$5,169,000 in affordable housing real estate *S1070-v-1* General Assembly Of North Carolina Session 2025 value is generated;
The transferor must pay the tax to the register of deeds of the county in which the real estate is located before recording the instrument of conveyance.
The transferor must paythe tax to the register of deeds of the countyin which the real estate is located before recording the instrument of conveyance.
If the instrument transfers a parcel of real estate lying in two or more counties, however, the tax must be paid to the register of deeds of the county in which the greater part of the real estate with respect to value lies.
If the instrument transfers a parcel of real estate lyingin two or more counties, however, the tax must be paid to the register of deeds of the county in which the greater part of the real estate with respect to value lies.
The finance officer of each county must credit one-half of the proceeds to the county's general fund and remit the remaining one-half of the proceeds, less taxes refunded and the county's allowance for administrative expenses, to the Department of Revenueon amonthly basis.
The finance officer of each county must credit one-half of the proceeds to the county's general fund and remit the remaining one-half of the proceeds, less taxes refunded and the county's allowance for administrative expenses, to the Department of Revenueon amonthlybasis.
Acounty mayretaintwopercent (2%)oftheamount oftaxproceeds allocated for remittance to the Department of Revenue as compensation for the county's cost in collecting and remitting the State's share of the tax.
Acountymayretaintwopercent (2%)oftheamount oftax proceeds allocated for remittance to the Department of Revenue as compensation for the county's cost in collecting and remitting the State's share of the tax.
Page 2 DRS45534-MQa-121
Page 2 Senate Bill 1070-First Edition
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Action History

  1. Withdrawn From Com

  2. Re-ref Com On Appropriations/Base Budget

  3. Passed 1st Reading

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

  5. Filed

Sponsors

Sponsorship breakdown

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0 sponsors · 2 co-sponsors · 177 not signed on

Sponsors (0)

None.

Co-sponsors (2)

Not signed on (177)

177 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

taxation housing
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 1070?
SB 1070 is sponsored by Sydney Batch (Democratic) and Kandie D. Smith (Democratic).
What is the current status of SB 1070?
This bill is in committee in the Senate. Introduced April 30, 2026. It must pass committee before a floor vote.
Where can I track SB 1070?
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Last checked for changes 3 months ago · updated continuously

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