State Sen. Sydney Batch’s recently introduced bill seeks to boost capital access for small businesses by creating new state-run programs and enhancing investment incentives, the North Carolina State Senate records show.
The legislation, filed April 30 as SB 1056 in the 2025 regular session, carries the short title: ‘NC Small Business Capital & Jobs Act.’
This summary reflects our review of the official bill language and includes clarifications to explain its intent.
In summary, the bill establishes the North Carolina Small Business Capital Access Act. It creates an office and an oversight board within the Department of Commerce to administer a statewide program increasing access to capital for small and underserved companies. Components include loan guarantees, an equity and growth fund, grants and loans for CDFIs, technical assistance statewide, financing tools for state procurement, and an innovation fund connected to SBIR and STTR programs and regional hubs. The bill also brings back and expands investment tax credits, increases the yearly credit limit to $10 million, and sets an appropriation of $50 million annually beginning with fiscal year 2026-27. The effective date is July 1, 2026.
Among the three primary sponsors of this measure, DeAndrea Salvador introduced the highest number of bills—54—during the 2025 regular session.
North Carolina’s legislative process for bills involves several stages before a proposal can become law. After a lawmaker files a bill, it is sent to a committee for evaluation. The bill must then pass three readings in both chambers. Should there be amendments after passage by either chamber, both must agree on one final version. The bill moves to the governor next, who has 10 days (or up to 30 when the legislature is out of session) to sign, veto or allow it to become law without signature.
Additional information on bills and legislative measures is available here.
Batch earned a BA in 2001 and a JD from the University of North Carolina at Chapel Hill.
Batch, a Democrat, began representing North Carolina’s 17th Senate district in 2021 after succeeding former senator Dan Blue.
| Authors | Bill Number | Date Filed | Title |
|---|---|---|---|
| Sydney Batch, DeAndrea Salvador, and Michael Garrett | SB 1056 | 04/30/2026 | NC Small Business Capital & Jobs Act. |
| Sydney Batch, DeAndrea Salvador, and Michael Garrett | SB 1033 | 04/30/2026 | NC Children’s Safe Screens Act/Funds. |
| Sydney Batch, Lisa Grafstein, and Woodson Bradley | SB 987 | 04/30/2026 | Lower Healthcare Costs. |
| Sydney Batch, Caleb Theodros, and Michael Garrett | SB 988 | 04/30/2026 | Protecting Workers in the Age of AI Act. |
| Sydney Batch, Michael Garrett, and Woodson Bradley | SB 989 | 04/30/2026 | Epstein Truth and Accountability Act. |
| Sydney Batch and Lisa Grafstein | SB 995 | 04/30/2026 | Fix Republican Failures on Public Safety Act. |
| Sydney Batch, Gladys A. Robinson, and Natalie S. Murdock | SB 906 | 04/29/2026 | MOMnibus 3.5. |
| Sydney Batch, Graig Meyer, and Sophia Chitlik | SB 480 | 03/25/2025 | NC Paid Family Leave Insurance Act. |
| Sydney Batch, Michael Garrett, and Woodson Bradley | SB 482 | 03/25/2025 | Don’t Tread on Me Act. |
| Sydney Batch, Lisa Grafstein, and Terence Everitt | SB 483 | 03/25/2025 | The Children First Act. |
| Sydney Batch and Caleb Theodros | SB 523 | 03/25/2025 | Universal Basic Therapy Act. |
| Sydney Batch, Julie Mayfield, and Val Applewhite | SB 553 | 03/25/2025 | Save More Tatas Act. |
| Sydney Batch, Kandie D. Smith, and Michael Garrett | SB 563 | 03/25/2025 | The Michael Jordans of Tomorrow Act. |
| Sydney Batch, Gale Adcock, and Graig Meyer | SB 566 | 03/25/2025 | Parity Enhancement for Addiction Recovery. |
| Sydney Batch, Gale Adcock, and Graig Meyer | SB 567 | 03/25/2025 | Medicaid SUD Services Rate Adjustment Act. |
| Sydney Batch, Gladys A. Robinson, and Natalie S. Murdock | SB 571 | 03/25/2025 | MOMnibus 3.0. |
| Sydney Batch, Jay J. Chaudhuri, and Mujtaba A. Mohammed | SB 606 | 03/25/2025 | Language Access & State Holidays Act. |
| Sydney Batch, Terence Everitt, and Woodson Bradley | SB 630 | 03/25/2025 | School Mental Health Support Act. |
| Sydney Batch, DeAndrea Salvador, and Michael Garrett | SB 651 | 03/25/2025 | The Hustle Act. |
| Sydney Batch, DeAndrea Salvador, and Michael Garrett | SB 652 | 03/25/2025 | Voter Fraud Prevention Act. |
| Sydney Batch, Mujtaba A. Mohammed, and Natalie S. Murdock | SB 692 | 03/25/2025 | Reduce Parent Copays/Subsidized Child Care. |
| Sydney Batch, Mujtaba A. Mohammed, and Woodson Bradley | SB 717 | 03/25/2025 | Enhanced Penalty/Dom. Violence Strangulation. |
| Sydney Batch, Michael Garrett, and Terence Everitt | SB 722 | 03/25/2025 | Children’s Online Safety Act/Funds. |
| Sydney Batch, Graig Meyer, and Sophia Chitlik | SB 457 | 03/24/2025 | Automatic Voter Registration. |
| Sydney Batch, Lisa Grafstein, and Sophia Chitlik | SB 458 | 03/24/2025 | Enact KinCare & Safe Days. |
| Sydney Batch, Jay J. Chaudhuri, and Lisa Grafstein | SB 107 | 02/17/2025 | Judge Joe John Nonpartisan Jud. Elections Act. |
| Sydney Batch | SB 88 | 02/12/2025 | 17th Senatorial District Local Act-1. |
