---
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).