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---
type: "Bill"
title: "Storm Securitization."
description: "Storm Securitization."
jurisdiction: "us/states/nc"
legislature: "North Carolina General Assembly"
session: "2019"
identifier: "SB 559"
citation: "North Carolina SB 559 (2019)"
classification: ["bill"]
subjects: ["ADMINISTRATIVE CODE", "ADMINISTRATIVE RULES", "COMMERCE", "COMMISSIONS", "DISASTERS & EMERGENCIES", "EMERGENCY MANAGEMENT", "EMERGENCY SERVICES", "INFRASTRUCTURE", "PRESENTED", "PUBLIC", "RATIFIED", "REPORTS", "STUDIES", "TITLE CHANGE", "UTILITIES", "UTILITIES COMN.", "CHAPTERED"]
status: "enacted"
primary_sponsors: ["Hise", "Rabon"]
version_count: 9
action_count: 70
vote_count: 2
first_action: "2019-04-02"
last_action: "2019-11-06"
source: "openstates"
source_identifier: "ocd-bill/a2b41125-d1cb-42d3-aa85-73a0cfc077e9"
source_url: "http://www.ncleg.net/gascripts/BillLookUp/BillLookUp.pl?Session=2019&BillID=S559&votesToView=all"
source_hash: "e00d185c1d8d6c86a81b87f2a7dcf759028c0e4411e57c5e7b3634a21243d6f3"
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 SB 559 (2019) — Storm Securitization.
## Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
1. **Filed** (filed) — [source](http://www.ncleg.net/Sessions/2019/Bills/Senate/PDF/S559v0.pdf)
2. **A1: Scanned Document** (committee substitute) — [source](https://webservices.ncleg.gov/ViewBillDocument/2019/6256/0/S559-A-NBC-6094)
3. **Edition 1** (committee substitute) — [source](http://www.ncleg.net/Sessions/2019/Bills/Senate/PDF/S559v1.pdf)
4. **Edition 2** (committee substitute) — [source](http://www.ncleg.net/Sessions/2019/Bills/Senate/PDF/S559v2.pdf)
5. **Edition 3** (committee substitute) — [source](http://www.ncleg.net/Sessions/2019/Bills/Senate/PDF/S559v3.pdf)
6. **Edition 4** (committee substitute) — [source](http://www.ncleg.net/Sessions/2019/Bills/Senate/PDF/S559v4.pdf)
7. **Edition 5** (committee substitute) — [source](http://www.ncleg.net/Sessions/2019/Bills/Senate/PDF/S559v5.pdf)
8. **Ratified** (committee substitute) — [source](http://www.ncleg.net/Sessions/2019/Bills/Senate/PDF/S559v6.pdf)
9. **SL 2019-244** (committee substitute) — [source](http://www.ncleg.net/Sessions/2019/Bills/Senate/PDF/S559v7.pdf)
## Votes
- Conference Rpt Motion 8 To Adopt — **480** (pass) · upper
- C RPT Adoption — **1120** (pass) · lower
## Sponsors
- Hise — primary (person)
- Rabon — primary (person)
- Ballard — cosponsor (person)
- Blue — cosponsor (person)
- Britt — cosponsor (person)
- Burgin — cosponsor (person)
- Clark — cosponsor (person)
- Daniel — cosponsor (person)
- Horner — cosponsor (person)
- Lowe — cosponsor (person)
- Tillman — cosponsor (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2019-11-06** Ch. SL 2019-244 `became-law`
- **2019-11-06** Signed by Gov. 11/6/2019 `executive-signature`
- **2019-11-01** Pres. To Gov. 11/1/2019 `executive-receipt`
- **2019-10-31** Ratified
- **2019-10-30** Ordered Enrolled
- **2019-10-30** Conf Report #2 Adopted
- **2019-10-29** Conf Report #2 Adopted
- **2019-10-29** Added to Calendar
- **2019-10-29** Withdrawn From Cal
- **2019-10-29** Placed On Cal For 10/30/2019
- **2019-10-29** Cal Pursuant Rule 44(d)
- **2019-10-29** Conf Com Reported
- **2019-10-29** Placed On Cal For 10/30/2019
- **2019-10-29** Conf Com #2 Reported
- **2019-10-29** Conf Rpt Recon/withdrawn
- **2019-10-29** Conf Rpt Withdrawn
- **2019-10-29** Withdrawn From Com
- **2019-10-02** Conf Report Adopted
- **2019-10-02** Re-ref Com On Rules, Calendar, and Operations of the House `referral-committee`
- **2019-10-02** Conf Com Reported
- **2019-10-02** Placed on Today's Calendar
- **2019-10-02** Conf Com Reported
- **2019-10-01** Conferees Changed
- **2019-08-27** Conf Com Appointed
- **2019-08-27** Conf Com Appointed
- **2019-08-27** Failed Concur In H Com Sub
- **2019-08-26** Placed On Cal For 08/27/2019
- **2019-08-26** Withdrawn From Cal
- **2019-08-22** Special Message Received For Concurrence in H Com Sub
- **2019-08-21** Special Message Sent To Senate
- **2019-08-20** Ordered Engrossed
- **2019-08-20** Passed 3rd Reading `passage, reading-3`
- **2019-08-20** Passed 2nd Reading `reading-2`
- **2019-08-20** Amend Adopted A1 `amendment-passage`
- **2019-08-19** Placed On Cal For 08/20/2019
- **2019-08-19** Withdrawn From Com
- **2019-07-16** Re-ref Com On Rules, Calendar, and Operations of the House `referral-committee`
- **2019-07-16** Withdrawn From Cal
- **2019-07-10** Cal Pursuant Rule 36(b)
- **2019-07-10** Withdrawn From Cal
- **2019-07-09** Placed On Cal For 07/10/2019
- **2019-07-09** Withdrawn From Cal
- **2019-07-08** Placed On Cal For 07/09/2019
- **2019-07-08** Cal Pursuant Rule 36(b)
- **2019-07-08** Reptd Fav Com Sub 2 `committee-passage-favorable`
- **2019-06-25** Re-ref Com On Rules, Calendar, and Operations of the House `referral-committee`
- **2019-06-25** Reptd Fav `committee-passage-favorable`
- **2019-06-19** Re-ref Com On Energy and Public Utilities `referral-committee`
- **2019-06-19** Reptd Fav Com Substitute `committee-passage-favorable`
- **2019-05-16** Re-ref to the Com on Finance, if favorable, Energy and Public Utilities, if favorable, Rules, Calendar, and Operations of the House `referral-committee`
- **2019-05-16** Withdrawn From Com
- **2019-05-07** Ref To Com On Rules, Calendar, and Operations of the House `referral-committee`
- **2019-05-07** Passed 1st Reading `reading-1`
- **2019-05-06** Regular Message Received From Senate
- **2019-05-06** Regular Message Sent To House
- **2019-05-02** Passed 3rd Reading `passage, reading-3`
- **2019-05-02** Passed 2nd Reading `reading-2`
- **2019-05-02** Amend Failed A1 `amendment-failure`
- **2019-05-02** Motion to Divide Question Failed
- **2019-05-01** Reptd Fav `committee-passage-favorable`
- **2019-04-18** Re-ref Com On Rules and Operations of the Senate `referral-committee`
- **2019-04-18** Com Substitute Adopted
- **2019-04-18** Reptd Fav Com Substitute `committee-passage-favorable`
- **2019-04-16** Re-ref Com On Agriculture/Environment/Natural Resources `referral-committee`
- **2019-04-16** Reptd Fav `committee-passage-favorable`
- **2019-04-10** Re-ref to Finance. If fav, re-ref to Agriculture/Environment/Natural Resources. If fav, re-ref to Rules and Operations of the Senate `referral-committee`
- **2019-04-10** Withdrawn From Com
- **2019-04-03** Ref To Com On Rules and Operations of the Senate `referral-committee`
- **2019-04-03** Passed 1st Reading `reading-1`
- **2019-04-02** Filed `introduction`
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/a2b41125-d1cb-42d3-aa85-73a0cfc077e9`. Confidence: reported (aggregated from official North Carolina legislature records).