Bill

Bill > H690


NC H690

NC H690
No Centrl Bank Digital Currency Pmts to State


summary

Introduced
04/18/2023
In Committee
08/01/2024
Crossed Over
05/04/2023
Passed
06/26/2024
Dead
Vetoed
07/05/2024
Veto Overridden
09/09/2024
Signed/Enacted/Adopted
09/09/2024

Introduced Session

2023-2024 Session

Bill Summary

AN ACT TO PROHIBIT PAYMENTS TO THE STATE USING CENTRAL BANK DIGITAL CURRENCY OR PARTICIPATION BY THE STATE IN FEDERAL RESERVE BRANCH TESTING OF CENTRAL BANK DIGITAL CURRENCY.

AI Summary

This bill prohibits the state of North Carolina and its agencies, including the General Court of Justice, from accepting payments using central bank digital currency (CBDC) or participating in any testing of CBDC by Federal Reserve branches. CBDC refers to a digital currency, medium of exchange, or monetary unit of account issued directly by the U.S. Federal Reserve System or a federal agency. The bill aims to prevent the state from engaging with or using this type of digital currency system.

Committee Categories

Budget and Finance, Business and Industry, Government Affairs

Sponsors (9)

Last Action

Ch. SL 2024-48 (on 09/09/2024)

Bill Topics

Government Operations
  • ‐ General Government Operations
Macroeconomics
  • ‐ Monetary Supply, Federal Reserve Board, and Treasury

bill text


bill summary

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bill summary

Document Type Source Location Created
State Bill Page https://www.ncleg.gov/BillLookUp/2023/H690 04/18/2023
Analysis - Summary H690-SMTG-114(sl)-v-8 https://dashboard.ncleg.gov/api/Services/BillSummary/2023/H690-SMTG-114(sl)-v-8 10/01/2024
BillText https://www.ncleg.gov/Sessions/2023/Bills/House/PDF/H690v6.pdf 09/09/2024
Analysis - Summary H690-SMTG-112(rat)-v-4 https://dashboard.ncleg.gov/api/Services/BillSummary/2023/H690-SMTG-112(rat)-v-4 08/21/2024
BillText https://www.ncleg.gov/Sessions/2023/Bills/House/PDF/H690v5.pdf 06/27/2024
Analysis - Summary H690-SMBA-95(e4)-v-2 https://dashboard.ncleg.gov/api/Services/BillSummary/2023/H690-SMBA-95(e4)-v-2 06/27/2024
Analysis - Summary H690-SMTG-108(e4)-v-2 https://dashboard.ncleg.gov/api/Services/BillSummary/2023/H690-SMTG-108(e4)-v-2 06/26/2024
Analysis - Summary H690-SMBA-91(e3)-v-3 https://dashboard.ncleg.gov/api/Services/BillSummary/2023/H690-SMBA-91(e3)-v-3 06/25/2024
BillText https://www.ncleg.gov/Sessions/2023/Bills/House/PDF/H690v4.pdf 06/24/2024
Analysis - Summary H690-SMTG-55(e3)-v-3 https://dashboard.ncleg.gov/api/Services/BillSummary/2023/H690-SMTG-55(e3)-v-3 05/03/2023
Analysis - Summary H690-SMBB-17(e2)-v-2 https://dashboard.ncleg.gov/api/Services/BillSummary/2023/H690-SMBB-17(e2)-v-2 05/03/2023
BillText https://www.ncleg.gov/Sessions/2023/Bills/House/PDF/H690v3.pdf 05/02/2023
Analysis - Summary H690-SMBW-27(CSBW-11)-v-3 https://dashboard.ncleg.gov/api/Services/BillSummary/2023/H690-SMBW-27(CSBW-11)-v-3 04/28/2023
BillText https://www.ncleg.gov/Sessions/2023/Bills/House/PDF/H690v2.pdf 04/27/2023
BillText https://www.ncleg.gov/Sessions/2023/Bills/House/PDF/H690v1.pdf 04/19/2023
BillText https://www.ncleg.gov/Sessions/2023/Bills/House/PDF/H690v0.pdf 04/18/2023
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