North Carolina 2025 2025-2026 Regular Session

North Carolina Senate Bill S443 Amended / Bill

Filed 03/25/2025

                    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 THA T COUNTIES AND CITIES SHALL REQUIRE BENE FIT 2 
PROVIDERS TO SUBMIT AN ANNUAL COMPENSATI ON 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