SB 709 North Carolina Senate · 2025-2026 Session

2025 State Investment Modernization Act.-AB

SB 709 reorganizes North Carolina's state investment laws by restructuring existing statutes into a new "2025 State Investment Modernization Act." It creates the North Carolina Investment Authority as an independent state agency within the Treasurer's office, granting it autonomy from budgetary controls by the Treasurer, Budget Director, and Department of Administration. The bill establishes definitions, tax exemptions for the authority, and confidentiality rules for investment negotiations, but does not change investment policies or fund management practices. This is a procedural reorganization of legal structure, not a policy change affecting specific residents or programs.

Bill status in committee 1 of 4 stages cleared

Introduction

Mar 2025

Committee Review

Floor Vote

Governor

Introduced Mar 25, 2025 Last action Mar 26, 2025

Maddy AI version diff · 1 comparison

What changed between versions

Filed → Edition 1 · 4 edits

MODERATE

This diff shows primarily formatting and administrative changes to Senate Bill 709, including updated filing dates, bill number formatting, and committee referral information. No substantive policy changes, scope modifications, or new provisions were added or removed from the actual legislative text.

TECHNICAL

Updated filing date from March 25, 2025 to March 26, 2025 for Rules and Operations of the Senate committee referral

Changed bill identifier from DRS45360-MRp-94D to S709-v-1

Added page number '1' to the header section

Removed blank line after 'Referred to:' section

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Mar 26, 2025

Committee

Ref To Com On Rules and Operations of the Senate

upper

Mar 25, 2025

Introduced

Filed

upper

2 primary · 3 co-sponsors