This North Carolina bill aims to increase access to quantum computing education by funding STEM programs in public schools, particularly those near military bases. It allocates $2.6 million to hire specialized teachers and create hands-on learning opportunities for students, while also establishing a $200,000 grant program for universities to partner with high schools on research projects. Additionally, the legislation creates an income tax credit for businesses that participate in these educational initiatives, though the specific details of the tax credit are not fully shown in the provided text.
This bill, known as the Government Modernization Act of 2026, directs North Carolina's Department of Information Technology to study and implement blockchain technology to improve security, reduce fraud, and increase transparency in state records and transactions. To support these efforts, the legislation appropriates $50 million from the Information Technology Reserve Fund to modernize outdated systems and expand online government services for residents and businesses. The Department must submit a progress report within 12 months of the law taking effect and provide annual updates to the General Assembly, while a new Joint Legislative Oversight Committee on Digital Governance is created to supervise the project. The act is set to become effective on July 1, 2026, and will remain in force until June 30, 2031.
SB 327, the North Carolina Bitcoin Reserve and Investment Act, authorizes the State Treasurer to allocate up to 10% of public funds into Bitcoin as a long-term strategic reserve. It requires the Treasurer to hold Bitcoin in secure offline storage with multi-signature protection, establish a dedicated department for management, and create an advisory board of industry experts. The reserve can only be used during severe financial crises, for approved infrastructure projects, or Bitcoin-related economic development, and requires a two-thirds vote by both legislative chambers to liquidate. The Treasurer must provide quarterly public reports on the reserve’s value and security, while complying with all federal and state cryptocurrency regulations.
SB 562 establishes a 21-member commission to study how quantum computing might threaten North Carolina's current cybersecurity systems, including state government IT, critical infrastructure, and smart city/IoT networks that rely on older encryption methods. The commission will assess vulnerabilities, research quantum-resistant security solutions, and develop recommendations for upgrading systems, with a final report due by July 2026. The bill appropriates $250,000 from the state general fund to cover the commission's work, including research and stakeholder meetings. This study directly affects state systems and infrastructure security planning, not individual citizens or private businesses.
SB 667, the Government Modernization Act of 2025, requires North Carolina state agencies to upgrade outdated computer systems, enhance cybersecurity protections, and expand online public services. It mandates agencies to conduct IT assessments, implement multi-factor authentication and encryption, and create mobile-friendly portals for licenses, taxes, and business filings. The bill also directs a study on using blockchain technology to secure records, verify licenses, and improve procurement transparency. These changes aim to improve efficiency and accessibility for residents and businesses while reducing bureaucratic delays, with implementation beginning July 1, 2025.
SB 747, titled "AI Learning Agenda," creates North Carolina's Office of Artificial Intelligence Policy within the Department of Commerce and establishes an AI Learning Laboratory program. The bill requires state agencies to inventory all AI tools they use or plan to use by 2026, including details on vendor, function, data sources, and risks. Businesses can apply to participate in the Learning Laboratory, where they may receive reduced penalties during testing (called "regulatory mitigation") in exchange for sharing data and findings with the Office. The Office must publish annual reports on AI policy findings and recommend legislation to address regulatory gaps or barriers.
SB 117 updates North Carolina's Uniform Commercial Code to govern transactions involving "controllable electronic records" (e.g., digital assets like blockchain-based tokens or programmable contracts). It defines key terms like "controllable electronic record" and establishes rules for transferring control - requiring a buyer to have exclusive power to benefit from and restrict access to the record. The bill protects "qualifying purchasers" (those who buy in good faith for value) from claims by others over the same digital asset, while clarifying that standard filings under Article 9 of the Commercial Code do not create notice of ownership claims. This directly affects businesses and individuals engaging in digital asset transactions, excluding existing categories like bank accounts or electronic money from these new rules.
