House committees to take up digital asset and property tax bills
RALEIGH — North Carolina House committees are scheduled to take up a group of finance and local government bills next week, including measures dealing with virtual currency kiosks, digital assets and property tax reappraisals.
The House Finance Committee is scheduled to meet at 9 a.m. Tuesday, June 9, according to the N.C. General Assembly calendar. The agenda includes House Bill 920, titled the “Virtual Currency Kiosk Consumer Protection Act,” and House Bill 1029, titled the “NC Digital Asset and Stablecoin Act.”
House Bill 920 was re-referred to the House Finance Committee on June 2 after being reported favorable as a committee substitute. The bill is sponsored by Reps. Neal Jackson, Stephen Ross and Brian Biggs. The bill page lists keywords including financial services, investments, privacy, taxation, the commissioner of banks, and cryptocurrency and NFTs.
House Bill 1029 was re-referred to House Finance on May 12. The measure is sponsored by Reps. Allen Chesser, Jeffrey McNeely Willis, Stephen Ross and Jarrod Lowery Schietzelt, with several additional sponsors listed on the bill page. The bill page lists keywords including financial institutions, abandoned property, the commissioner of banks, and cryptocurrency and NFTs.
The House State and Local Government Committee is scheduled to meet at 2 p.m. June 9 and take up Senate Bill 889, titled “Property Tax Reappraisal Moratorium.” The bill passed the Senate on third reading May 6 by a vote of 35-8 and was re-referred in the House on June 3 to State and Local Government, with additional referrals to Finance and Rules if favorable.
The calendar also lists House Finance Subcommittee on Annexation and Deannexation items earlier Tuesday, including several local bills.
The committee schedule gives lawmakers another opportunity to move bills before the end of the month, when state budget and policy negotiations often intensify ahead of the new fiscal year.
Editor’s note: This article was drafted with the assistance of artificial intelligence and was reviewed and fact-checked by a member of the NC Political News editorial team before publication.
