State Senators had their first look at a bill that would impose a one year moratorium on involuntary annexations. The Senate State and Local Government committee began discussion on SB27 which would stop any involuntary annexations under consideration around the state. Bill sponsor GOP Senator Andrew Brock said he has heard of several proposed annexations and [...]
Matt Willoughby's Archives
State Senate passes Balanced Budget Act
The North Carolina Senate approved SB13 which targets twice as much savings for which Governor Perdue asked, around $800 million. Repuclican Senator Richard Stevens did amend the bill to drop the transfer of nearly $5 million from the University Cancer Research Fund. After a short debate the bill was passed 31-16. The bill was sent to [...]
Tax credit proposed for education expenses outside of public schools
State Representative Paul Stam and several other Republicans have introduced HB41 to give families a tax credit if they want to put their children in charter schools or private schools. The credit would be $1250 for each of two semesters per year. A married couple would have to make under $100,000 per year to qualify. There [...]
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 probably won’t touch is increased debt to fill the hole. They in the past have complained about increased debt, especially the use of COPS to borrow more money without asking [...]
State Senate tentatively approves $800 million in savings and cuts for current budget
While the Governor asked permission to cut $400 million from the current budget SB13 goes much further by finding another $400 million in savings. That includes transferring money from several funds including the Golden LEAF, the business incentive fund, and the Governor’s One North Carolina fund. Republican Senator Richard Stevens said the transfers involved money that [...]
