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Bill Summary · SJR 774

Summary — SJR 774 (Ratified)

Confirm Stephanie Lynch, Investment Authority

Overview

Senate Joint Resolution 774 is a joint resolution of the 2025 North Carolina General Assembly that confirms the appointment of Stephanie Lynch to the North Carolina Investment Authority Board of Directors. The confirmation is made pursuant to G.S. 147‑71.1, which requires appointments by the State Treasurer to that board to be approved by the General Assembly by joint resolution.

Key provisions

  • Confirms the appointment of Stephanie Lynch to the North Carolina Investment Authority Board of Directors.
  • Specifies the term of appointment as beginning July 1, 2025, and expiring June 30, 2028 (a three-year term).
  • States the resolution becomes effective upon ratification.

The resolution does not modify statute or create new policy; it solely performs the legislatively required confirmation of a gubernatorial/State Treasurer appointment.

Who is affected

  • Stephanie Lynch: legally authorized to serve as a member of the North Carolina Investment Authority Board for the stated term.
  • North Carolina Investment Authority Board of Directors: membership changes as a result of this confirmation.
  • State Treasurer’s office: the Treasurer’s appointment to the board is formally ratified.
  • Stakeholders in state investment oversight (e.g., beneficiaries, agencies) are indirectly affected insofar as board composition influences governance and oversight of the Authority.

Timeline and procedural history

  • Filed/Introduced: September 22, 2025 (Sponsor: Senator Rabon).
  • Legislative actions: Passed both chambers (readings on Sept 22–23, 2025), reported favorable, ordered enrolled Sept 23, 2025.
  • Ratified: September 24, 2025. Recorded as Chapter/Resolution 2025‑10.
  • Effective date: Upon ratification (September 24, 2025).

Legal and practical impact

SJR 774 has the practical effect of allowing Stephanie Lynch to serve on the Investment Authority board immediately for the July 1, 2025–June 30, 2028 term. The resolution is procedural and administrative in nature and does not appropri­ate funds or change substantive law.

Compiled from official sources — confirm details with the bill’s official record.

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