The North Carolina Rural Infrastructure Authority (RIA) has approved 16 grant requests to local governments totaling $4,130,000, Governor Roy Cooper announced today. The requests include commitments to create a total of 718 jobs, 144 of which were previously announced. The public investment in these projects will attract more than $95 million in private investment.
As the U.S. reckons with record-breaking drug overdose deaths during the COVID-19 epidemic, Michael R. Bloomberg today announced that Bloomberg Philanthropies is making a five-year, $120 million investment to help combat the overdose crisis in the hard-hit states of Kentucky, New Jersey, New Mexico, North Carolina and Wisconsin.
State lawmakers voted unanimously Wednesday to block an automatic tax increase on employers. Senate Bill 311 would maintain the state's current tax for funding unemployment insurance.
Governor Roy Cooper visited and toured Church Childcare Center Inc. in Walkertown. He discussed the $805 million investment in NC Child Care Stabilization Grants and the additional support these critical businesses could receive from President Biden’s Build Back Better Agenda. The NC Child Care Stabilization Grants were made possible from the 2021 American Rescue Plan Act.
A bill intended to prohibit conflicts of interest by local elected officials is stalled in the N.C. legislature, as lawmakers wrangle over the state budget and the end of session remains uncertain.
When North Carolinians are free to trade with whomever they choose, be it South Carolinians or South Koreans, some local businesses may lose sales. The case for markets isn’t based on promises of cost-free benefits or perfect outcomes. No such promises could ever be honored in the real world.
Gov. Roy Cooper has vetoed a measure that would keep charitable donors’ personal information private. "This legislation is unnecessary and may limit transparency with political contributions," Cooper said in a statement as the reason he rejected the privacy measure on Friday.
The Social Security Board of Trustees today released its annual report on the long-term financial status of the Social Security Trust Funds. The combined asset reserves of the Old-Age and Survivors Insurance and Disability Insurance (OASI and DI) Trust Funds are projected to become depleted in 2034, one year earlier than projected last year, with 78 percent of benefits payable at that time.
The N.C. House will take up sports betting legislation after a bill to expand wagers statewide passed in the Senate last week.Senate Bill 688 was read for the first time in the House on Tuesday, Aug. 24. The legislation was then referred to the Committee on Rules, Calendar, and Operations of the House.
The state auditor found that the town of Hertford made several questionable financial decisions, under the guidance of its former Mayor Pro Tem Quentin Jackson.
The North Carolina Department of Health and Human Services is seeking public comment on the revision of the proposed 2021–2023 North Carolina Community Services Block Grant (CSBG) State Plan, which outlines how the state will facilitate the CSBG program over the next two years.