June
1, 2001
Issue Number 19
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Top Story
Senate swallows hard, passes budget
that slashes human services, raises some taxes
 The
Senate put the finishing touches on its version of a $14.62
billion state budget for fiscal year that begins July 1 and
sent the spending plan to the House, where Republicans and
some conservative Democrats say they will attack it for
including $190 million in new taxes. The spending plan, approved on a party
line vote of 35-15, includes a new proposal that would give the
state a one-time windfall of $66 million by changing the way
most small businesses remit employee withholding taxes. Under
current law, businesses that withhold less than $500 a month
in state income taxes from workers’ paychecks may remit the
money on a quarterly basis. The new provision would lower the threshold to $100 a month.
Read the complete story. See
a line-item summary of the spending plan.
Legislative News
Streamlined sales tax bill passes Senate
The
Senate on Thursday gave final approval to legislation that
will provide a process for collecting state sales and use
taxes on Internet and catalog sales. The bill, which passed along party lines,
now goes to the House. The Department of Revenue
estimates the state is losing $120 million to $140 million a
year from Internet, catalog and home-shopping purchases on
which use taxes -- the equivalent of sales taxes -- aren't
collected. Read
that story, get updated on other committee actions and floor
votes.
 State
Government News
Report: we now produce 1.3 tons
of garbage per capita, a new record
North
Carolinians threw out more than 10.2 million tons of trash in
the year ended last June, a record and an increase of more
than a million tons over the previous year, according to a new
report from the state Department of Environment and Natural
Resources.
The report said each person now generates nearly 1.3 tons of
garbage per year. The report also notes that half of North Carolina's waste comes from its 10 most
populous counties. Three counties, Mecklenburg, Guilford and
Wake, annually generate about 30 percent of the state's waste.
Read that and other state
government stories.
Economic Development News
Lowe’s
will build distribution center in Northampton
Lowe’s
announced that it will invest $59 million constructing a 1.3
million-square-foot regional distribution
center on a 225-acre site on N.C. Highway 46 near Garysburg in
Northampton County. The center is
expected to employ 600 workers at full operation. The new
facility will raise Lowe's total investment in
the state to $1.5 billion. Story,
map.
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