Bill Summary for S 443 (2025-2026)

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Summary date: 

Mar 24 2025

Bill Information:

View NCGA Bill Details(link is external)2025-2026 Session
Senate Bill 443 (Public) Filed Monday, March 24, 2025
AN ACT PROVIDING THAT COUNTIES AND CITIES SHALL REQUIRE BENEFIT PROVIDERS TO SUBMIT AN ANNUAL COMPENSATION DISCLOSURE.
Intro. by Corbin, Burgin.

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Bill summary

Enacts GS 153A-466 (compensation paid to benefit providers-counties) and GS 160A-485.1 (same-cities) requiring each insurance provider or provider of other fringe benefits, including voluntary benefits, to local government employees, their dependents, or retirees from the local government entity to annually submit to that entity a full compensation disclosure of all funds paid to the provider (i.e., an agent, broker, consultant, third-party administrator, pharmacy benefits manager, or insurance company) by the local government. Directs the disclosure to include all income paid directly or indirectly to the provider as described and an affirmation that none of the compensation paid by the local government has been provided to any employee or election official of the local government, either directly or indirectly.