Friday, May 13, 2016

NC Crowdfunding Exemption Filed as Part 1 of Larger Bill in NC Senate and NC House

A new comprehensive economic development bill has been filed this week in the NC Senate and in the NC House. The bill, called the 'Prosperity and Economic Opportunity for all North Carolina Act', includes the language of last year's NC PACES Act investment crowdfunding exemption as Part 1 of a larger 14 part bill. Senate Bill S826 and House Bill H1090 include a variety of economic development and incentive programs for North Carolina business. Please use the links on the right to track the progress of these bills in both chambers and to see drafts of the bills.

Over 30 other states have already passed an intrastate crowdfunding exemption. It is time for North Carolina to act and enable this new way to finance our small businesses and startups, and create more jobs in our state.

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