House committee approves historic-preservation incentives

March 25, 2015

(The News & Observer, Raleigh)

The N.C. House Finance Committee approved plans for a scaled-back version of the historic-preservation tax credit, which expired Jan. 1. The bill now moves on to the full House.

Legislators reveal sales-tax plan to benefit rural counties

March 24, 2015

(The News & Observer, Raleigh)

State legislators proposed a plan that would redistribute sales tax collected on goods in North Carolina to counties based on population. The current model is weighted toward sending tax revenue back to counties where the sales are made. Under the new plan, Buncombe, Durham, Mecklenburg, Watauga and four coastal counties would see a reduction in sales-tax revenue.

McCrory, Berger square off over jobs bill

March 23, 2015

(The News & Observer, Raleigh)

Tension between Gov. Pat McCrory and Senate leader Phil Berger is evident following a court ruling over separation of powers that favored McCrory. The Senate reacted last week by freezing many new appointments and by proposing a jobs-incentives plan that is very different from the House plan backed by McCrory.
Related: A troubling N.C. Senate jobs plan, The Charlotte Observer

Support for medical marijuana growing in NC

March 20, 2015


About 150 supporters of legalizing marijuana for medical purposes lobbied state lawmakers Thursday. Twenty-three states and the District of Columbia have legalized medical marijuana – none are in the Southeast.

NC Senate bill would increase jobs-incentive fund by $5M

March 19, 2015

(Winston-Salem Journal)

The N.C. Senate introduced a bill Wednesday that would increase the amount of money in the state's largest incentive fund from $22.5 million to $27.5 million. A House bill passed on March 5 would double the funds to $45 million.
Related: NC Senate, McCrory at odds on incentives, corporate taxes


NC Senate takes a cautious approach to incentives bill

March 18, 2015

(The News & Observer, Raleigh)

N.C. Commerce Secretary John Skvarla could face pushback from the state Senate on a bill that would increase funds for the state's main jobs-recruiting program. The House has approved the bill, which would increase the cap on the grant program from $22.5 million to $45 million. The bill next must be reviewed by the Senate Rules Committee, which hasn't met since this year's legislative session began.

Panel sides with McCrory, says legislative appointments violated separation of powers

March 17, 2015

(The News & Observer, Raleigh)

A three-judge panel ruled Monday that the state General Assembly violated the North Carolina Constitution when it appointed members to the Coal Ash Commission, established to oversee cleanup of coal-ash ponds across the state, and two other commissions.

NC's economic-development agency could keep recruiting records private

March 16, 2015

(The Charlotte Observer)

The state's new public-private economic-development partnership will be able to withhold some public records related to failed recruiting efforts. Records will still be kept confidential during the recruiting process, but if a company decides not to come to North Carolina, only a limited amount of information would be disclosed afterwards.

Kluttz on statewide tour to promote historic-preservation credits

March 16, 2015

(Greater Wilmington Business Journal)

Susan Kluttz, secretary of the N.C. Department of Cultural Resources, visited Wilmington Friday as part of a 24-stop tour across the state to advocate for the reinstatement of historic-preservation tax credits. The credits, which expired at the end of 2014, allowed renovators to claim a 20% to 30% tax credit for qualifying expenses ("Getting Out of Rehab," May 2014).
Related: Historic tax credit program gets support (The Wilson Times)

NC has fourth highest number of ACA signups

March 13, 2015

(The Charlotte Observer)

North Carolina trails only Florida, California and Texas in the number of residents who qualified for subsidized health insurance under the Affordable Care Act. About 515,000 North Carolinians qualifed for federal aid, 190,000 more than in 2014.