The Advocate
July 15, 2022

2022 Legislative Session Update – Part 1

The 2022 legislative short session truly was just that! The legislature convened on May 18 and adjourned July 1. This year’s adjournment resolution allows the General Assembly to return to Raleigh once a month for the remainder of this year. However, only a limited number of topics can be considered during that time. Those topics are conference committee reports, appointment confirmations and bills that Governor Cooper vetoed.

With session ending in just shy of two months, legislators were laser focused on the budget and high priority state issues like Medicaid expansion. While Medicaid expansion did not advance, huge steps were made, as both the House and Senate passed their own versions of expansion. This is an issue that could return as a conference report and be considered later this year.

Budget work and negotiations proved to be successful during the short session as the budget passed with bipartisan support. Governor Cooper took 10 days to consider the budget and signed it into law on July 11.

Budget

This was a win for NCR as several funding provisions of importance to our industry remained in the budget.

  • Housing Finance Agency - $10,660,000
  • Workforce Housing Loan Program - $170,000,000 (includes last year’s funding plus an additional $30 million)


Remote On-Line Notarization

Even with the legislature focused on a specific agenda, NCR was able to advance one of our top legislative priorities. House bill 776, Remote Online Notarization (RON), was signed into law by Gov. Cooper on July 8. North Carolina now joins 39 other states who have passed this necessary legislation that’s a reflection of the technology-based world we live in.

The pandemic highlighted the need to be able to notarize and safely sign documents electronically. The NCR lobbying team passed legislation during the 2020 session to allow real estate transactions to continue during the pandemic. Therefore, RON was allowed as a temporary solution. Once the temporary solution expired, NCR knew that this pandemic-driven necessity should become a permanent solution.

After months of negotiations and strategizing, a consumer, attorney and/or notary can now be in different locations and safely sign documents electronically. The passage of RON marks a major win for our industry.

Please stay turned for the July 22nd Advocate for the second part the legislative wrap-up.

If you have any questions, please contact Pam Melton, Director Political and External Communications.


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