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Bill Summary · SB 941

Summary of SB 941 (Session 2025) – North Carolina

Title

Exempt Treasurer from DHHS Review

Primary Purpose

This bill seeks to exempt certain activities related to the Department of State Treasurer from DHHS (Department of Health and Human Services) review. Specifically, it allows a broader set of health service initiatives that are developed or acquired in partnership with the Department of State Treasurer to bypass DHHS review requirements.

Key Provisions

  1. Amendment to G.S. 131E-184 (New Subsection i)

    • The Department of Health and Human Services (DHHS) would be required to exempt from its review any new institutional health service that is:
      • Established, developed, or acquired by any entity that is working in partnership or conjunction with the North Carolina Department of State Treasurer.
    • In effect, DHHS would no longer review these specific new institutional health services if they are developed or procured in collaboration with the Treasurer’s office.
  2. Funding for Implementation

    • The bill appropriates $50,000 in nonrecurring General Fund expenditures for the 2026-2027 fiscal year to the Department of State Treasurer.
    • Purpose of the funding: To enable the Treasurer’s office to take actions permitted by the changes enacted in the act (i.e., to implement and adjust to the new exemption framework).
  3. Effective Date

    • The act would become effective on July 1, 2026.

Who Is Affected

  • Department of Health and Human Services (DHHS): Duties to review certain new institutional health services would be limited or bypassed for services developed or acquired in partnership with the Department of State Treasurer.
  • Department of State Treasurer: Gains the ability to collaborate on institutional health services with fewer or altered DHHS review constraints, and receives a dedicated funding line for implementation.
  • Entities Working in Partnership with the Treasurer: Would see exemptions from DHHS review for new institutional health services they establish, develop, or acquire in partnership with the Treasurer.

Potential Impact and Considerations

  • Regulatory Process: This change reduces DHHS review requirements for a defined subset of institutional health services, potentially speeding development and deployment in partnered projects.
  • Oversight and Accountability: The exemption narrows DHHS review; stakeholders may seek assurances regarding quality, safety, and oversight outside the DHHS framework.
  • Fiscal Note: A modest one-time appropriation ($50,000) is provided to support implementation, signaling administrative readiness but not large-scale funding.
  • Timeline: Effective date is mid-2026 (July 1, 2026), with the 2026-2027 fiscal-year funding available accordingly.

Summary

SB 941 aims to streamline or bypass DHHS review for new institutional health services that are created, developed, or acquired through partnerships with the North Carolina Department of State Treasurer, by adding a new exemption to DHHS review requirements. It provides a small, one-time appropriation to the Treasurer’s office to support implementation and sets an effective date of July 1, 2026.

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

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