Sen. Dave Craven

Maddy summarySB 474, the DAVE Act, creates a new Division of Accountability, Value, and Efficiency within North Carolina's State Auditor's office. It requires all state agencies to report by October 2025 on how they spend public funds and list vacant positions held for six months or longer, including reasons for vacancies. The Division will assess whether agencies or specific positions remain necessary, using AI tools to analyze spending effectiveness, duplication, and budget use. By December 2025, the Division must recommend to the legislature which agencies or positions should be eliminated based on this review.

Maddy summarySB 595 makes technical adjustments to North Carolina's tax code to align with federal rules and clarify existing provisions. It modifies S-corporation loss deductions (effective 2025), limits net operating losses for individuals/estates (retroactive to 2022 for some changes), updates estate/trust taxation rules, revises residency definitions, and adjusts employer withholding schedules. The bill primarily affects taxpayers, S-corporations, estates, trusts, and employers by changing how tax calculations and filings are handled. These are administrative updates, not new taxes or policy shifts, and they aim to improve consistency with federal tax systems.

Maddy summarySB 675 sets a 2% maximum fee limit for second or junior lien mortgages in North Carolina, aligning state rules with federal Qualified Mortgage standards. It allows up to 3% total fees across all lenders for such loans, referencing federal guidelines (12 C.F.R. §1026.43(e)(3)). The bill directly affects borrowers taking second mortgages and lenders who charge fees on these loans. It requires lenders to comply with these fee limits on loans secured by real property, effective upon enactment.

Maddy summaryThis bill requires proxy advisory firms in North Carolina to clearly disclose when their voting recommendations are not based on a written financial analysis of how the vote affects shareholder value. The law defines a "written financial analysis" as a document that evaluates both short-term and long-term financial impacts and explains the methods used to reach a conclusion. If a firm recommends against company management or uses default policies that oppose management without such an analysis, it must inform clients that the recommendation was not grounded in these financial evaluations. Additionally, the bill mandates that proxy advisors provide these disclosures to both shareholders and company directors to ensure transparency in the voting guidance process.

Maddy summarySB 227 prohibits North Carolina public schools from teaching or promoting 12 specific "divisive concepts" defined in the bill, such as claims that one race is inherently superior or that individuals bear responsibility for past actions of their race. The bill directly affects K-12 students, teachers, and school employees by banning instruction on these concepts and restricting professional development that includes them. Key provisions include requiring schools to avoid "discriminatory practices" and preventing staff from being compelled to affirm divisive concepts. The bill does not ban all diversity initiatives but targets specific teachings it deems contrary to "equality and rights of all persons." This is a proposed bill (not yet law) currently under review in the North Carolina Senate.

Maddy summarySB 558 (North Carolina Senate Bill 558) requires public universities and community colleges to adopt diversity, equity, and inclusion policies that comply with state law while prohibiting the promotion of specific "divisive concepts." It defines 12 concepts as "divisive," including claims that one race or sex is inherently superior, individuals bear guilt for past actions of their race, or meritocracy is inherently racist. The bill mandates that institutions avoid teaching these concepts and bars community colleges from investigating protected speech (like satire) labeled as "microaggressions." It directly affects all public higher education employees, faculty, and students in North Carolina's university system and community colleges.

Maddy summarySB 153, the North Carolina Border Protection Act, requires state law enforcement and correctional facilities to cooperate with federal immigration authorities. It mandates that state employees determine the immigration status of people in custody, report non-citizens to ICE, and enter into 287(g) agreements with Immigration and Customs Enforcement (ICE) to allow designated officers to enforce immigration laws under ICE supervision. The bill also prohibits UNC constituent institutions from adopting sanctuary policies. These provisions directly affect state departments of Public Safety and Adult Correction, as well as UNC universities. The bill does not change existing federal immigration law but requires state agencies to align their practices with federal enforcement priorities.

Maddy summaryThis bill, titled "NC Farm Act of 2025" but actually addressing vehicle dealer regulations, extends the grace period for dealer license renewals from 30 to 60 days after expiration while an application is pending. It also aligns dealer registration plate renewals with license renewals, requiring plates to expire at the same time as the license and mandating replacement every three to four years. The changes directly affect vehicle dealers in North Carolina who must renew licenses and plates, ensuring their business operations remain valid during review and simplifying renewal scheduling. The bill takes effect October 1, 2025, for licenses and plates issued on or after that date. (Note: The title "Farm Act" is misleading, as the bill contains no agricultural provisions.)

Maddy summarySB 1080 proposes a constitutional amendment to cap North Carolina's state income tax rate at a maximum of 3.5%. If approved by voters in the November 2026 election, this change would prevent the legislature from raising the income tax rate higher than that threshold in the future. The bill applies to taxable years beginning on or after January 1, 2027, and requires a majority vote in favor to become law.

Maddy summaryThis bill proposes adding a new section to the North Carolina Constitution to establish a "right to work" for all residents. The key provision states that a person's right to work cannot be denied based on whether they are a member of a labor union or pay union dues. If approved by voters in a 2026 referendum, the amendment would legally protect employees from being forced to join or financially support a union as a condition of employment. The bill also authorizes the state legislature to pass additional laws to define and implement these protections.