Thursday, June 23, 2016

NC PACES Act Passes Second Reading on NC House Floor by a vote of 99 to 1

SB481, which includes the NC PACES Act crowdfunding exemption as Part I, was fast tracked to the NC House floor and passed second reading by a vote of 99 to 1 today. The bill has been put on the NC House calendar for final vote on Monday 6/27. Yesterday the NC House finance committee attached a new and unrelated Part III to the bill called ‘Prohibit Cities from Charging Fees for Utility Use of Right-Of-Way’. 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 4.

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