Legislative News
APRIL 2024 CONSENSUS REVENUE FORECAST SHOWS $1.4 BILLION IN ADDITIONAL STATE REVENUE
Greater-than-anticipated collections from personal income tax, despite lower tax rates, fuel $413 million in additional availability for FY 23-34 and over $1 billion more for FY 24-25.
Copy of OSBM Consensus Revenue Forecast Release
The Carolina Journal (Hood) 4/22/24
The News & Observer (Vaughan) 4/22/24
LEGISLATORS RETURN TO FULL SLATE OF ISSUES FOR 2024 SHORT SESSION
The North Carolina General Assembly convened the 2024 legislative short session on Wednesday, marking Roy Cooper’s last session as governor and Tim Moore’s last session as speaker.
GOVERNOR RELEASES PROPOSED BUDGET
On Wednesday, Governor Roy Cooper released his proposed budget for FY 2024-2025, proposing major investments in child care and early childhood education, as well as raises for teachers and state employees.