Requires the NC General Assembly to approve of any state regulations with an aggregate economic impact of more than $20M over 5 years; changes how “aggregate annual economic impact” is calculated; requires boards or commissions to approve proposed rules by two-thirds votes if their aggregate economic impact would be more than $1M over 5 years and by unanimous votes if their aggregate economic impact would be more than $10M over 5 years. UPDATE - new status.
State Name
North Carolina
Bill #
H402
Year Enacted
Enacted
Status
Veto Overridden
Category
6. Oversight and Transparency
Subcategory
Other
Status Text
Enacted
Year Proposed
2025
State Taxonomy
Bill Page
https://www.ncleg.gov/BillLookUp/2025/H402