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SB 1076

North Carolina Senate bill in Session 2025.

Status: in_committee. Latest action: May 6, 2026.

Rocky Mount/Limit Electric Power Revenue Uses.

Bill ID NC-2025-SB-1076
Session 2025
Status in_committee
Committee State and Local Government
Senate in_committee 2026-05-06
Summary

Modifies GS 159B-39 for only the City of Rocky Mount removing the authorization to transfer revenue from rates for electric service to other municipal funds a sum that reflects a rate of return on the investment in the electric system, including removing subsection (c) related to calculating the rate of return and total amount that can be transferred.

Sponsor
Timothy D. Moffitt
Official Source Back to Bills
Actions Timeline
Date Event Detail
2026-05-05 Introduced Bill introduced
2026-05-06 Status in_committee
2026-05-06 Latest Action Re-ref to State and Local Government. If fav, re-ref to Rules and Operations of the Senate
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