In July 2014 a crowdinvesting bill (named the North Carolina Jobs Act) was given to the North Carolina General Assembly for approval. Unfortunately the bill was caught up in end-of-session political debate and eventually defeated.
In 2015, a further General Assembly session has been scheduled to revisit the Jobs Act along with a further proposed crowdfunding bills competing for North Carolina’s government approval. The first bill is titled North Carolina Jobs Act, while the second is called North Carolina Intrastate Private Capital Act which has been revered as more liberal and less restrictive.
Vass, T. (2015). Analysis and Commentary on the Two Competing North Carolina Crowdfunding Bills. Crowdsourcing.org
Image credit to: Jimmy Emerson, http://bit.ly/1LtDswq
About the author - Irene Tordera
Born and raised in Milan, Italy, Irene is an International Business graduate, with a strong interest for innovative ideas that can simplify our lives.
During her studies, she co-founded an online community for sportspeople and worked in marketing positions at Ogilvy & Mather Advertising and at the European Business Angel Network, in Brussels. She is a passionate blogger about crowdfunding and the startup ecosystem.