North Carolina SB 443: Local Govts/Compensation Disclosure.

Bill Text

GENERAL ASSEMBLY OF NORTH CAROLINA
SESSION 2025
S 1
SENATE BILL 443

Short Title: Local Govts/Compensation Disclosure. (Public)
Sponsors: Senators Corbin and Burgin (Primary Sponsors).
Referred to: Rules and Operations of the Senate
March 25, 2025
*S443-v-1*
A BILL TO BE ENTITLED 1
AN ACT PROVIDING THAT COUNTIES AND CITIES SHALL REQUIRE BENEFIT 2
PROVIDERS TO SUBMIT AN ANNUAL COMPENSATION DISCLOSURE. 3
The General Assembly of North Carolina enacts: 4
SECTION 1. Article 23 of Chapter 153A of the General Statutes is amended by 5
adding a new section to read: 6
"§ 153A-466. Compensation paid to benefit providers. 7
Each provider of life, health, or other insurance, or other fringe benefits, including voluntary 8
benefits, to county employees, dependents of county employees, or persons retired from county 9
employment shall, on an annual basis, submit to the county a full compensation disclosure of all 10
funds paid to the provider by the county. For purposes of this section, the term "provider" 11
includes, but is not limited to, an agent, broker, consultant, third-party administrator, pharmacy 12
benefits manager, and insurance company. The compensation disclosure shall include all of the 13
following: 14
(1) All income paid, directly or indirectly, to the provider, including, but not 15
limited to, commissions, bonuses, fees, including fees for consulting or 16
administrative services, and management compensation for shared risk 17
arrangements in which the county participated for life, health, and other fringe 18
benefits, including voluntary benefits. 19
(2) An affirmation that none of the compensation paid by the county has been 20
provided to any county employee or elected official, directly or indirectly." 21
SECTION 2. Article 21 of Chapter 160A of the General Statutes is amended by 22
adding a new section to read: 23
"§ 160A-485.1. Compensation paid to benefit providers. 24
Each provider of life, health, or other insurance, or other fringe benefits, including voluntary 25
benefits, to city employees, dependents of city employees, or persons retired from city 26
employment shall, on an annual basis, submit to the city a full compensation disclosure of all 27
funds paid to the provider by the city. For purposes of this section, the term "provider" includes, 28
but is not limited to, an agent, broker, consultant, third-party administrator, pharmacy benefits 29
manager, and insurance company. The compensation disclosure shall include all of the following: 30
(1) All income paid, directly or indirectly, to the provider, including, but not 31
limited to, commissions, bonuses, fees, including fees for consulting or 32
administrative services, and management compensation for shared risk 33
arrangements in which the city participated for life, health, and other fringe 34
benefits, including voluntary benefits. 35

General Assembly Of North Carolina Session 2025
Page 2 Senate Bill 443-First Edition
(2) An affirmation that none of the compensation paid by the city has been 1
provided to any city employee or elected official, directly or indirectly." 2
SECTION 3. This act is effective when it becomes law. 3