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SB 1056·NC·senate

NC Small Business Capital and Jobs Act.

In CommitteeFiled Apr 30, 2026
Sponsor: Garrett
Latest Action

Withdrawn From Com

May 5, 2026

Summary

The bill adds a new part to the North Carolina statutes establishing the Small Business Capital Access Act. It creates an Office within the Department of Commerce, an 11‑member oversight board, and a capital‑access program that offers loan guarantees, technical assistance and other financing tools for small firms and businesses located in low‑income or rural areas. The goal is to reduce financing gaps that limit growth and job creation.

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