The state Senate passed HB92, which would repeal the land transfer tax as an option for counties to raise revenue. Time after time voters in several counties have rejected the tax. ... Keep Reading
Economics
House effort to override veto of Healthcare Act repeal fails
House Republicans have failed in their attempt to override Governor Perdue's veto of HB2. The vote was 68-51. It fell four votes short. House Speaker Tillis says a vote to override ... Keep Reading
Senate override’s veto of Balanced Budget Act and House now taking up HB2 veto
Republicans complained Governor Bev Perdue did not have the legal authority to borrow money from the Employment Security Commission funds to pay tax refunds. They were afraid if ... Keep Reading
State House approves repeal of land transfer tax
The House gave final approval to HB92 which would repeal the land transfer tax. The law gives counties the option of asking voters for authority to impose a tax on the sale of real ... Keep Reading
Governor Perdue releases budget (updated with GOP reaction)
Governor Perdue released her budget this morning. Here is a link to the summary handed out at press conference. Republicans are already rejecting it. Republican Senate President ... Keep Reading
A veto may be the next step for the Balanced Budget Act
Republican House Speaker Thom Tillis says it is a possibility Governor Beverly Perdue will veto SB13 which targets nearly $800 million in savings for the current budget. If the ... Keep Reading
Another bill to keep the feds at arm’s length
Republican Representative Glen Bradley introduced HB65 that says the federal government has no jurisdiction over food products made and sold within the state's borders. The bill is ... Keep Reading
Balanced Budget Act tentatively approved by House after testy debate
The debate took over three hours but SB13 was given tentative approval by a 66-51 vote. Democrats objected to third reading so the bill will be on the House calendar ... Keep Reading
Here come more earmarks
State Democratic Representatives Marvin Lucas, Diane Parfitt, Rick Glazier and Elmer Floyd introduced a bill to give $1 million to the Partnership for Defense Innovation. It's a ... Keep Reading
More debt can’t be a solution in the new budget
Several legislative budget subcommittees will meet next Tuesday to look at alternatives for filling a budget shortfall in the new spending plan. One solution Republican leaders ... Keep Reading
