Raleigh, N.C. – The North Carolina House of Representatives voted unanimously to pass House Bill 13 Class Size Requirement Changes on Thursday to provide local school districts the flexibility they requested for class size scheduling in kindergarten through the third grade. Continue reading “House Votes Unanimously for Class Size Flexibility”
Raleigh, N.C. – The North Carolina House of Representatives voted 110 to 3 on Wednesday to pass House Bill 7 Strengthen Savings Reserve.
The legislation is part of an ongoing effort by Republicans in the North Carolina General Assembly to save responsibly and prepare the state for potential emergency funding or disaster recovery needs. Continue reading “House Strengthens Savings Reserve Requirements in Bipartisan Vote”
Raleigh, N.C. – The N.C. Technology Association’s 2017 ‘State of Technology’ report ranked North Carolina No. 1 in the United States for IT employment growth and the percentage of women in the sector’s workforce.
RALEIGH, N.C. – The General Assembly’s Fiscal Research Division and the Office of State Budget and Management released their consensus revenue forecast on Thursday, predicting North Carolina’s 2016-17 tax collections would be $552.5 million above budget projections for the fiscal year. Continue reading “North Carolina Expects $552 Million Budget Surplus for 2016-17”
RALEIGH, N.C. – Representative Kyle Hall filed legislation today providing tax relief for North Carolina small businesses. House Bill 61, Small Business Income Tax Relief, allows small businesses to deduct their first $50,000 of income. Continue reading “Rep. Kyle Hall Files Bill to Provide Small Business Tax Relief”
Raleigh, N.C. – The North Carolina House Appropriations Committee passed House Bill 7 ‘Strengthen Savings Reserve’ on Thursday to require state lawmakers store funds in a savings reserve every fiscal year.
Democrat Gov. Roy Cooper opposed the savings account last year, criticizing Republicans for “building up the rainy day fund in excess of what’s necessary for the state.” Continue reading “Gov. Cooper Opposed Savings Required by Budget Committee”
Raleigh, N.C. – The North Carolina House of Representatives passed House Bill 39 Wednesday to improve the state’s higher education system by streamlining the UNC Board of Governors’ oversight of services for students and faculty. Continue reading “Speaker Moore Supports Streamlining UNC Board of Governors”
Provided by the Fiscal Research Division
North Carolina General Assembly
300 N. Salisbury St, Ste. 619 Raleigh, NC 27603
Barry Boardman, Ph.D., Chief Economist – Barry.Boardman@ncleg.net Continue reading “N.C. General Assembly Fiscal Research Division Tax Comparison: 2008 to 2017”
Raleigh, N.C. – Rep. David Lewis (R-Harnett) was reappointed to the powerful role of House Rules Chairman for the 2017-2018 biennium of the North Carolina General Assembly. Continue reading “Rep. David Lewis Reappointed House Rules Chairman”
Raleigh, N.C. – Representative Jonathan Jordan (R-Ashe) has been appointed chairman of three North Carolina House committees by Speaker Tim Moore for the 2017-2018 biennium of the state General Assembly. Continue reading “Rep. Jonathan Jordan Chairs Three House Committees”