House Committee to Take Up Building Code Reform Bill Tuesday

Construction 2The House Regulatory Reform Committee is scheduled to take up HB 255, ‘Building Code Regulatory Reform’, when it meets Tuesday morning at 10 a.m.

Sponsored by Representatives Mark Brody (Monroe) and Tricia Cotham (Matthews), among others, the bill would eliminates plan review for single-family residential construction; clarifiy the definition of official misconduct for code officials; and require that the NC Department of Insurance to post any formal interpretations within 3 business days. It would also help clarify past legislation, HB 120, ‘Building Codes/Local Consistency’, from the 2013 session, which defined required residential inspections.

Additionally, the bill specifies that inspections be performed in a full and timely manner and inspection reports must include all items failing to meet the code requirements.

The bill is supported by the North Carolina Home Builders Association (NCHBA). A companion bill, SB 324, awaits action in the Senate.

You can listen in on the committee hearing on the NCGA website, by clicking on the audio link for Room 544.

Source: NCHBA

Section of I-485 Named for H. Allen Tate, Jr.

Tate Dedication

H. Allen Tate, Jr. and North Carolina Governor Pat McCrory at Friday’s dedication ceremony. Source: The Allen Tate Company

Since 1957, signs bearing the name “Allen Tate” have been widely recognized in front yards throughout the Carolinas. Now the Allen Tate name will be seen along another frequently traveled path – the final section of I-485 in northeast Mecklenburg County.

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ULI Hosting Public Forum on Housing Affordability with Developer Ron Terwilliger

ULI_Event

NC House Passes Legislation to End Use of Protest Petitions

nc-state-legislature-building-legislative-branchThe North Carolina House today passed a bill that would repeal the Protest Petition statute, eliminating a tool frequently used by neighborhood groups to force concessions from property owners and developers.

HB 201, ‘Zoning Changes/Citizen Input’, eliminates a longstanding state law allowing neighbors in the immediate vicinity of a proposed development to force the applicant to secure a supermajority of affirmative votes from the city or town council for rezoning approval. If as few as 5 percent of the neighbors within 100′ of the property line sign and submit a valid Protest Petition to the local planning department, they can obtain enough leverage to force financial or design concessions from the property owner or developer that would otherwise be difficult if just a simple majority vote were required for the rezoning.

No other action taken by local government action requires a supermajority vote.

An amendment approved by the House during floor debate requires the city council to give written notice to all adjacent property owners at least 30 days before the rezoning public hearing, an action many local governments (including Charlotte) already take.

Approved by an 81 – 31 margin, the bill now heads to the Senate, where another bill repealing the Protest Petition has already been filed. REBIC, NAIOP North Carolina, the North Carolina Home Builders Association, and the Apartment Association of North Carolina all strongly support the bill and will continue advocating for its passage.

House Passes Legislation to Reform Homeowners Insurance Ratemaking Process

The North Carolina House this week approved legislation that would enact cost-saving reforms to the homeowners insurance rate-making process.

HB 151, ‘Property Insurance Ratemaking Reform,’ sponsored by representatives Paul Tine (Kitty Hawk), Mitchell Setzer (Catawba), Darren Jackson (Raleigh) and John Bell (Goldsboro), is supported by the North Carolina Association of Realtors® (NCAR).

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NC House Approves New Package of Economic Development Tools

legislative_building_2The North Carolina House this week approved legislation aimed at improving the state’s ability to attract new economic development and jobs, but the bill could face an uphill fight in the Senate.

HB 117, the ‘NC Competes Act,’ enhances the state’s job recruitment toolbox by doubling the cap on the existing Job Development Investment Grant (JDIG) program to $45 million for a two-year period, establishing a new, $20 million infrastructure grant program, expanding existing electricity tax credits for data centers, and modifying the state’s tax code to allow corporations investing $1 billion or more in high-poverty counties to use a ‘single-sales factor’ in their tax liability calculations.

The legislation also extends for 4 years the sales tax cap on jet fuel purchases in the state,a priority for American Airlines and the Charlotte Chamber of Commerce. That cap is set to expire at the end of 2015.

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House Passes Gas Tax Legislation, Removes Provision Taxing Short Sale Mortgage Debt

State FlagThe North Carolina House last week approved legislation that would reduce the state gas tax to 36 cents from the current 37.5 cents, beginning April 1 and continuing through the end of 2015. The bill also removed a provision opposed by the North Carolina Association of Realtors® (NCAR), which would have made mortgage debt forgiven in a short sale subject to state income tax.

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