SB 1056 North Carolina Senate · 2025-2026 Session

NC Small Business Capital and Jobs Act.

This bill establishes the North Carolina Small Business Capital Access Act to help small businesses and companies in underserved areas get the money they need to start, run, and grow. It creates a new state office and an oversight board to manage a program that includes loan guarantees, direct investments, and technical assistance for eligible businesses. The loan guarantee component is designed to encourage private lenders to provide financing by covering up to 90% of the loan amount for businesses in the most disadvantaged regions. The program specifically targets small businesses with fewer than 500 employees and those operating in low-income or rural census tracts.

Bill status died 1 of 4 stages cleared

Introduction

Apr 2026

Committee Review

Floor Vote

Governor

Introduced Apr 30, 2026 Last action May 5, 2026

Maddy AI version diff · 1 comparison

What changed between versions

Filed → Edition 1 · 2 edits

MINOR

The bill text has been updated to reflect a new filing date of April 30, 2026, and the bill has been officially referred to the Rules and Operations of the Senate on May 4, 2026. Additionally, the internal document reference number was changed from a draft identifier to the final version number S1056-v-1, indicating the bill is now in its first official edition.

TIMELINE

Added a specific referral date of May 4, 2026, to the Rules and Operations of the Senate.

TECHNICAL

Updated the document identifier from a draft code (DRS35450-MCfa-248) to the official version number (S1056-v-1).

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

May 5, 2026

Committee

Re-ref Com On Appropriations/Base Budget

upper

May 4, 2026

Committee

Ref To Com On Rules and Operations of the Senate

upper

Apr 30, 2026

Introduced

Filed

upper

2 primary · 6 co-sponsors