Maddy summaryThis bill requires proxy advisory firms in North Carolina to clearly disclose when their voting recommendations are not based on a written financial analysis of how the vote affects shareholder value. The law defines a "written financial analysis" as a document that evaluates both short-term and long-term financial impacts and explains the methods used to reach a conclusion. If a firm recommends against company management or uses default policies that oppose management without such an analysis, it must inform clients that the recommendation was not grounded in these financial evaluations. Additionally, the bill mandates that proxy advisors provide these disclosures to both shareholders and company directors to ensure transparency in the voting guidance process.
Sen. Tim Moffitt
Sponsored bills
Maddy summarySB 1047, titled the Regulatory Reform Act of 2026, organizes and updates North Carolina's laws regarding Guaranteed Energy Savings Contracts (GESC) to provide regulatory relief for citizens. The bill primarily affects state and local governmental units by establishing a structured process for these contracts, which allow governments to pay for energy-saving upgrades based on actual savings rather than upfront costs. Key provisions require officials to publish requests for qualifications, select providers based on specific criteria like past performance and technical feasibility, and conduct independent audits to verify projected energy savings. Additionally, the legislation sets clear thresholds for terminating projects if the actual savings do not meet the guaranteed estimates, ensuring accountability in public spending.
Maddy summarySB 602 would temporarily allow owners of commercial buildings damaged by Hurricane Helene to rebuild using the same fire-rated windows that were in place before the storm, instead of upgrading to current building code standards. It applies only to downtown commercial structures in counties declared disaster areas by the federal government, where reconstruction is limited to restoring the building to its pre-storm condition without expansion. Owners must submit a signed affidavit confirming eligibility and acknowledging the risks of not using upgraded windows, and the exemption expires two years after the bill takes effect. This exemption specifically covers window requirements but does not affect other building code provisions.
Maddy summaryThis bill removes a specific restriction that previously limited the total size of satellite annexations for the Town of Weaverville to 10% of its primary area. By deleting Weaverville from a long list of municipalities exempt from this rule, the legislation allows the town to annex noncontiguous land beyond that 10% cap. The change directly affects the Town of Weaverville and its ability to expand its boundaries in a way that was previously prohibited.
Maddy summaryThis bill removes the Town of Spruce Pine from a state law list that restricts the total area of noncontiguous land the town can annex. Under current rules, many municipalities cannot annex disconnected areas that exceed 10% of their primary city limits. By exempting Spruce Pine from this cap, the town gains the ability to expand into separate areas beyond that specific percentage limit. The legislation does not change the general annexation laws for other towns or cities in North Carolina.
Maddy summarySB 227 prohibits North Carolina public schools from teaching or promoting 12 specific "divisive concepts" defined in the bill, such as claims that one race is inherently superior or that individuals bear responsibility for past actions of their race. The bill directly affects K-12 students, teachers, and school employees by banning instruction on these concepts and restricting professional development that includes them. Key provisions include requiring schools to avoid "discriminatory practices" and preventing staff from being compelled to affirm divisive concepts. The bill does not ban all diversity initiatives but targets specific teachings it deems contrary to "equality and rights of all persons." This is a proposed bill (not yet law) currently under review in the North Carolina Senate.
Maddy summarySB 558 (North Carolina Senate Bill 558) requires public universities and community colleges to adopt diversity, equity, and inclusion policies that comply with state law while prohibiting the promotion of specific "divisive concepts." It defines 12 concepts as "divisive," including claims that one race or sex is inherently superior, individuals bear guilt for past actions of their race, or meritocracy is inherently racist. The bill mandates that institutions avoid teaching these concepts and bars community colleges from investigating protected speech (like satire) labeled as "microaggressions." It directly affects all public higher education employees, faculty, and students in North Carolina's university system and community colleges.
Maddy summarySB 153, the North Carolina Border Protection Act, requires state law enforcement and correctional facilities to cooperate with federal immigration authorities. It mandates that state employees determine the immigration status of people in custody, report non-citizens to ICE, and enter into 287(g) agreements with Immigration and Customs Enforcement (ICE) to allow designated officers to enforce immigration laws under ICE supervision. The bill also prohibits UNC constituent institutions from adopting sanctuary policies. These provisions directly affect state departments of Public Safety and Adult Correction, as well as UNC universities. The bill does not change existing federal immigration law but requires state agencies to align their practices with federal enforcement priorities.
Maddy summaryThis bill amends North Carolina's workplace violence prevention laws to include "mass picketing" as a form of unlawful conduct. It defines mass picketing as any picketing that obstructs entry to or exit from a workplace or public roads. The bill expands the definition of "unlawful conduct" to include hindering work or blocking access through mass picketing. This allows employers to seek civil no-contact orders against individuals engaging in these newly defined unlawful acts. The legislation explicitly states it does not apply to union activities or labor disputes protected by federal law.
Maddy summarySenate Bill 280, the "Private School Security Act," allows certain individuals to carry weapons on specific educational properties under defined conditions. It permits employees and volunteers of private schools to carry firearms or stun guns on school property if authorized by the school's board or director, provided they hold a concealed handgun permit and complete annual advanced gun safety training. Private schools must also adopt and annually distribute written standard operating procedures for weapon possession to parents. Additionally, the bill allows individuals with concealed handgun permits to carry their weapons in places of religious worship located on educational property while attending worship services or other religious functions.