A new bill filed by State Rep. Allen Chesser in the North Carolina House seeks to accelerate funding and completion of local transportation projects through borrowing mechanisms, according to the North Carolina State House.
The bill, filed as HB 364 on March 11 during the 2025 regular session, was formally listed with the short title: ‘STIP Grant Anticipation Notes.’
The following is our breakdown, based on the actual bill text, and may include interpretation to clarify its provisions.
In essence, the bill authorizes local governments to borrow money through grant anticipation notes to expedite local transportation projects identified under the State Transportation Improvement Program (STIP) for funding. These notes allow funding to be anticipated from state or federal sources, with maturity not exceeding 12 months after the first day of the calendar year following the project’s scheduled completion. The bill mandates an expedited project agreement with the Department of Transportation which must include project identification, cost, a comprehensive project plan, expected funding sources, and contingency measures for unforeseen events. The Department of Transportation is responsible for ensuring modifications to the STIP do not delay repayment of these notes, and the Department, along with the Treasurer, will establish necessary procedures and rules. This act becomes effective immediately upon becoming law.
A related bill, SB 172, was also filed in the North Carolina Senate, introduced by Sen. Vickie Sawyer (and two others) on Feb. 25, 2025.
Of the four sponsors of this bill, Erin Paré proposed the most bills (20) during the 2025 regular session.
Bills in North Carolina follow a multi-step process before becoming law. A lawmaker starts by filing a bill, which is assigned to a committee for review. The bill must be read three times in each chamber. If one chamber changes the bill after the other passes it, both must agree on the final version. Once both chambers approve the same bill, it goes to the governor, who has 10 days (or 30 if the legislature is not in session) to sign, veto, or let it become law without a signature.
You can read more about the bills and other measures here.
Chesser graduated from North Carolina Wesleyan University in 2019 with a BS.
Chesser, a Republican, was elected to the North Carolina State House in 2023 to represent the state’s 25th House district, replacing previous state representative James Gailliard.
| Authors | Bill Number | Date Filed | Title |
|---|---|---|---|
| Allen Chesser, Erin Paré, Matthew Winslow, and Steve Tyson | HB 364 | 03/11/2025 | STIP Grant Anticipation Notes. |
| Allen Chesser, Heather H. Rhyne, Jake Johnson, and Mike Schietzelt | HB 372 | 03/11/2025 | Home-Based Business Fairness Act. |
| Allen Chesser, David Willis, Grant L. Campbell, MD, and Ray Pickett | HB 373 | 03/11/2025 | UNC Tuition Discounts for Certain Students. |
| Allen Chesser, Cody Huneycutt, Heather H. Rhyne, and Kyle Hall | HB 351 | 03/10/2025 | Recovery-Friendly Workplace Program/Funds. |
| Allen Chesser | HB 332 | 03/06/2025 | Nash/Rocky Mount District Occupancy Tax. |
| Allen Chesser, A. Reece Pyrtle, Jr., Charles W. Miller, and Jeff Zenger | HB 272 | 03/04/2025 | The Sergeant Mickey Hutchens Act. |
| Allen Chesser, Bill Ward, Brenden H. Jones, and Jarrod Lowery | HB 224 | 02/26/2025 | Strengthen Our Tribal Communities Act. |
| Allen Chesser, Charles Smith, Dennis Riddell, and Edward C. Goodwin | HB 227 | 02/26/2025 | U.S. & N.C. Flags/Made In USA. |
| Allen Chesser, Donnie Loftis, Grant L. Campbell, MD, and Mike Schietzelt | HB 118 | 02/13/2025 | Disabled Veterans Tax Relief Bill. |
| Allen Chesser, Brian Biggs, and Jarrod Lowery | HB 112 | 02/12/2025 | Increase Permissible Interstate Speed Limit. |
| Allen Chesser, Allen Buansi, Jarrod Lowery, and Terry M. Brown Jr. | HB 93 | 02/10/2025 | Constitutional Amendment/Repeal Literacy Test. |
| Allen Chesser, Edward C. Goodwin, Erin Paré, and Jennifer Balkcom | HB 94 | 02/10/2025 | Dis. Veteran Homestead Excl. Prequalification. |
| Allen Chesser, Dante Pittman, Grant L. Campbell, MD, and Kelly E. Hastings | HB 69 | 02/06/2025 | Military and Veterans Educational Promise Act. |
| Allen Chesser, Donny Lambeth, Erin Paré, and Kyle Hall | HB 46 | 02/04/2025 | Make Healthcare Affordable. |
| Allen Chesser, A. Reece Pyrtle, Jr., Charles W. Miller, and Tricia Ann Cotham | HB 50 | 02/04/2025 | LEO Special Separation Allowance Options. |
| Allen Chesser, Brenden H. Jones, Heather H. Rhyne, and Jay Adams | HB 35 | 02/03/2025 | Establish Military Appreciation Month. |
| Allen Chesser, A. Reece Pyrtle, Jr., Charles W. Miller, and Edward C. Goodwin | HB 38 | 02/03/2025 | Second Amendment Financial Privacy Act. |
| Allen Chesser, Erin Paré, Harry Warren, and John R. Bell, IV | HB 11 | 01/29/2025 | No Tax on Tips, Overtime, Bonus Pay. |
