Raleigh, N.C. – The Fiscal Research Division of the North Carolina General Assembly projected this week that hundreds of thousands of low-income taxpayers will no longer owe any state income tax by 2019 thanks to several rounds of Republican tax relief. Continue reading “Hundreds of Thousands Will No Longer Owe N.C. Income Tax: Fiscal Division”
Raleigh, N.C. – In July 2017 North Carolina received four national economic distinctions as the #1 state for starting a business in a study released July 3, the #5 best state for business in CNBC rankings on July 11, one of only twelve states with a unanimous ‘AAA’ bond rating on July 6, and on July 11 was reported as the #5 state for budget solvency by a George Mason University Mercatus Center study. Continue reading “North Carolina Receives Four Top-Tier Economic Rankings in July 2017: Business, Bond Ratings, Startups and Budget Solvency”
Raleigh, N.C. – North Carolina’s 2017-2019 education budget includes a net increase of more than $818 million dollars and a fourth consecutive teacher salary increase by the state General Assembly. Continue reading “N.C. Education Budget Highlights 2017-19”
Raleigh, N.C. – North Carolina State Treasurer Dale R. Folwell announced Thursday that the nation’s three major bond rating agencies – Fitch, Moody’s and S&P – have all reaffirmed the state’s “AAA” bond rating, making North Carolina one of only 12 states to obtain a unanimous top-tier evaluation. Continue reading “North Carolina One of 12 States With Unanimous “AAA” Bond Rating”
Raleigh, N.C. – The North Carolina House of Representatives adjourned the 2017 long legislative session of the state General Assembly on Friday after enacting a historic state budget, providing more middle class tax relief and fulfilling a job growth agenda that has produced record savings, revenue surpluses and rapid economic growth. Continue reading “House Fulfills Job Growth Agenda, Adjourns”
Raleigh, N.C. – The state House of Representatives voted unanimously Wednesday to direct $100 million of disaster recovery funds in the state budget to aid Hurricane Matthew, tropical storm and wildfire recovery efforts spanning housing, infrastructure, agriculture, and education in communities across North Carolina. Continue reading “Disaster Recovery Act of 2017 Approved by North Carolina House”
Raleigh, N.C. – The North Carolina House of Representatives voted to override Gov. Roy Cooper’s budget veto in a bipartisan vote Wednesday, enacting another round of middle-class tax cuts and a fourth consecutive teacher pay raise despite Cooper’s partisan rejection of the historic plan that includes a records savings reserve. Continue reading “House Overrides Veto, Compares Cooper’s Claims to Reality “
Raleigh, N.C. – The North Carolina House of Representatives approved a final version of House Bill 243 Strengthen Opioid Misuse Prevention (STOP) Act on Tuesday, passing a comprehensive measure to address the opioid epidemic through smarter prescribing and labeling, better dispensing and stricter requirements for use of the state’s Controlled Substances Reporting System.
Continue reading “Opioid Misuse Prevention Act Approved by General Assembly”
Raleigh, N.C. – It has been nearly 24 hours since Gov. Roy Cooper announced with great fanfare that he would be rejecting the bipartisan budget supported by nearly 70 percent of all voting members of the General Assembly “today.”
Yet, for a third time in less than a week, his actions are contradicting his words, since he has not vetoed the budget. His latest doublespeak leaves the state hanging with just four days until the end of the fiscal year.
Raleigh, N.C. – House Speaker Tim Moore (R-Cleveland) and Senate Leader Phil Berger (R-Rockingham) responded Monday to Gov. Cooper’s announcement he will veto the bipartisan state budget: Continue reading “Legislative Leaders to Hold Cooper Accountable for Broken Promises to Voters”