NC Senate proposes new tax cuts, lowers funding for economic development (Winston-Salem Journal) -- The state Senate revealed Wednesday its plan for shifting the state’s economy into a higher gear, adding new tax cuts for corporations and individuals to a House bill supported by Gov. Pat McCrory. House Bill 117, known as NC Competes, passed the House by an 88-29 vote March 5, then moved to the Senate.
McCrory asking local governments to vote support of his $2.85B 'Connect NC' borrowing (Brunswick Beacon) -- Gov. Pat McCrory’s office is seeking support for Connect NC,” a $2.85 billion bond proposal to improve the state’s infrastructure, by asking local government leaders to review information and to adopt resolutions supporting it. At least two Brunswick County towns have delayed commitment.