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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>

legislation/us/states/nc/2025/hb-506.md

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+---
+type: "Bill"
+title: "2025 State Investment Modernization Act."
+description: "2025 State Investment Modernization Act."
+jurisdiction: "us/states/nc"
+legislature: "North Carolina General Assembly"
+session: "2025"
+identifier: "HB 506"
+citation: "North Carolina HB 506 (2025)"
+classification: ["bill"]
+subjects: ["APPOINTMENTS; AUTHORITIES; COMMITTEES; CONFIDENTIALITY; COUNCIL OF STATE; FUNDS & ACCOUNTS; GENERAL ASSEMBLY; GOVERNOR; HIGHWAY TRUST FUND; INVESTMENT ADVISORY COMM.; INVESTMENTS; MEMBERSHIP; PRESENTED; PRESIDENT PRO TEMPORE; PRIVACY; PUBLIC; PUBLIC OFFICIALS; RATIFIED; ROADS & HIGHWAYS; SPEAKER; STATE TREASURER; TRANSPORTATION; TRANSPORTATION DEPT.; RECORDS; HIGHWAY FUND; CHAPTERED; CRYPTOCURRENCY & NFTS; INVESTMENT AUTHORITY"]
+status: "enacted"
+primary_sponsors: ["B. Jones", "K. Hall", "Ross"]
+version_count: 8
+action_count: 36
+vote_count: 2
+first_action: "2025-03-24"
+last_action: "2025-06-13"
+source: "openstates"
+source_identifier: "ocd-bill/a37daee5-b278-4541-86c4-55e19ab3968a"
+source_url: "https://www.ncleg.gov/BillLookUp/2025/H506"
+source_hash: "4d51c8edce4de60b45f6f7b0740b50a5de63747c3b9f8f15234d651430b530fe"
+vintage: "2026-07-01"
+source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
+retrieved_at: "2026-07-06"
+confidence: "reported"
+tags: ["legislation", "bill", "us-nc"]
+---
+
+# North Carolina HB 506 (2025) — 2025 State Investment Modernization Act.
+
+## Version chain
+
+The bill's text revisions, in order — the diff chain from filing to enrollment.
+
+1. **Filed** (filed) — [source](https://www.ncleg.gov/Sessions/2025/Bills/House/PDF/H506v0.pdf)
+2. **A1: Amendment** (committee substitute) — [source](https://webservices.ncleg.gov/ViewBillDocument/2025/5993/0/H506-A-NBC-16135)
+3. **Edition 1** (committee substitute) — [source](https://www.ncleg.gov/Sessions/2025/Bills/House/PDF/H506v1.pdf)
+4. **Edition 2** (committee substitute) — [source](https://www.ncleg.gov/Sessions/2025/Bills/House/PDF/H506v2.pdf)
+5. **Edition 3** (committee substitute) — [source](https://www.ncleg.gov/Sessions/2025/Bills/House/PDF/H506v3.pdf)
+6. **Edition 4** (committee substitute) — [source](https://www.ncleg.gov/Sessions/2025/Bills/House/PDF/H506v4.pdf)
+7. **Ratified** (committee substitute) — [source](https://www.ncleg.gov/Sessions/2025/Bills/House/PDF/H506v5.pdf)
+8. **SL 2025-6** (committee substitute) — [source](https://www.ncleg.gov/Sessions/2025/Bills/House/PDF/H506v6.pdf)
+
+## Votes
+
+- Second Reading — **40–0** (pass) · upper
+- M11 Concur — **113–0** (pass) · lower
+
+## Sponsors
+
+- B. Jones — primary (person)
+- K. Hall — primary (person)
+- Ross — primary (person)
+- Johnson — cosponsor (person)
+- McNeely — cosponsor (person)
+- Pickett — cosponsor (person)
+- Tyson — cosponsor (person)
+
+## Timeline
+
+The legislative action history — every referral, reading, and vote.
+
+- **2025-06-13** Ch. SL 2025-6 `became-law`
+- **2025-06-13** Signed by Gov. 6/13/2025 `executive-signature`
+- **2025-06-05** Pres. To Gov. 6/5/2025 `executive-receipt`
+- **2025-06-04** Ratified
+- **2025-06-03** Ordered Enrolled
+- **2025-06-03** Concurred In S Com Sub `amendment-passage`
+- **2025-06-02** Placed On Cal For 06/03/2025
+- **2025-06-02** Withdrawn From Com
+- **2025-05-27** Ref To Com On Rules, Calendar, and Operations of the House `referral-committee`
+- **2025-05-23** Regular Message Received For Concurrence in S Com Sub
+- **2025-05-23** Regular Message Sent To House
+- **2025-05-22** Engrossed
+- **2025-05-22** Passed 3rd Reading `passage, reading-3`
+- **2025-05-22** Passed 2nd Reading `reading-2`
+- **2025-05-22** Amend Adopted A1 `amendment-passage`
+- **2025-05-21** Reptd Fav `committee-passage-favorable`
+- **2025-05-20** Re-ref Com On Rules and Operations of the Senate `referral-committee`
+- **2025-05-20** Com Substitute Adopted
+- **2025-05-20** Reptd Fav Com Substitute `committee-passage-favorable`
+- **2025-05-19** Re-ref to Pensions and Retirement and Aging. If fav, re-ref to Rules and Operations of the Senate `referral-committee`
+- **2025-05-19** Withdrawn From Com
+- **2025-04-30** Ref To Com On Rules and Operations of the Senate `referral-committee`
+- **2025-04-30** Passed 1st Reading `reading-1`
+- **2025-04-30** Regular Message Received From House
+- **2025-04-30** Regular Message Sent To Senate
+- **2025-04-29** Passed 3rd Reading `passage, reading-3`
+- **2025-04-29** Passed 2nd Reading `reading-2`
+- **2025-04-28** Placed On Cal For 04/29/2025
+- **2025-04-28** Cal Pursuant Rule 36(b)
+- **2025-04-28** Reptd Fav `committee-passage-favorable`
+- **2025-04-16** Re-ref Com On Rules, Calendar, and Operations of the House `referral-committee`
+- **2025-04-16** Reptd Fav Com Substitute `committee-passage-favorable`
+- **2025-04-14** Serial Referral To Finance Stricken
+- **2025-03-26** Ref to the Com on Pensions and Retirement, if favorable, Finance, if favorable, Rules, Calendar, and Operations of the House `referral-committee`
+- **2025-03-26** Passed 1st Reading `reading-1`
+- **2025-03-24** Filed `introduction`
+
+## Source
+
+OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/a37daee5-b278-4541-86c4-55e19ab3968a`. Confidence: reported (aggregated from official North Carolina legislature records).
+