Monday, June 27, 2016

NC PACES Act Passes NC House by a Vote of 114 to 0

SB481, which includes the NC PACES Act crowdfunding exemption as Part I, was passed by the NC House by a vote of 114 to 0 tonight. The bill has been referred back to the Senate for final approval of a new and unrelated Part III to the bill called ‘Prohibit Cities from Charging Fees for Utility Use of Right-Of-Way’ which was tacked on by the House. Please click on the Track Progress of S481 to the right for the status of the bill and to view the latest version of the bill known as Edition 5.

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