While several North Carolina bankruptcy courts have asserted that "[n]ot only is there no legislative history for § 1C-1601, In re Ragan, 64 B.R. 384, 387 (Bankr. E.D.N.C. 1986), this may be merely received wisdom that was not actually researched.
So for what it might be worth, about a month ago I spent an afternoon after the EBI recording at the NC legislature's library on its microfiche machine and got copies of all of the legislative history for N.C.G.S. § 1C-1601.
While there is not as much as anyone might want, there certainly is more than bankruptcy courts have found previously.
Additionally, I only had time to get the documents for N.C.G.S. § 1C-1601. At the same time that was enacted, the North Carolina legislature also passed a bill opting out of the federal exemptions. Senate Bill 156 from 1980-1981 had parallel hearings and also potentially some additional history.
I would be very happy if someone wanted to spend an afternoon pulling that, but perhaps the only thing more outdated than our current exemptions are the microfiche machines in Raleigh.
Please click below for the applicable documents:
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