Readership of the Legislative Bulletin is
restricted to employees of NCCBI member
companies. If you have colleagues who you think
would benefit from the Bulletin, you can register
them by clicking
here.
NCCBI members have visited this page since noon
on July 13, 2001.
Top Story Budget
fireworks explode
as House accepts tax increases More
battles loom over the state’s fragile finances The
House took an important step toward closing a $167 million
hole that suddenly opened in the state budget by grudgingly
accepting higher corporate taxes. Next week the chamber will
face even tougher votes on other revenue enhancements, a path
dictated when analysts convinced legislators that North
Carolina’s economy will grow by 4 percent next year, not 5.3
as the House and Senate spending plans assumed. The state’s
cherished Triple A bond rating hangs in the balance. Read
that story.
Click
here for Kiplinger offer Legislative News Election
law changed to accommodate Hispanic voters Several
other election-reform bills advance in the legislature North
Carolina’s growing Hispanic population won recognition
Monday when the House gave final approval to legislation that
would require bilingual voting instructions in 111 localities.
By a vote of 77-27, the House accepted Senate amendments to H.
1041 Ballot Instructions in Spanish {23 co-sponsors} and
sent the bill to the governor's desk. New census figures put
the Hispanic population in North Carolina at 378,963, a 393
percent increase over the 1990 total. Read
that and other stories.
State
Government News Commerce
secretary defends Bill Lee Act North
Carolina's main legislative initiative for attracting good
jobs and critical industry investment is paying off overall,
but incentives offered by competing neighbor states "have
in most cases matched our tools, and then surpassed
them," N.C. Commerce Secretary Jim Fain said at a joint
meeting Tuesday of the House and Senate Finance committees.He added that North Carolina's
recruiting incentives "compare quite unfavorably with
those offered by neighboring Southeast states." Read
that story.
Visit us at 225
Hillsborough Street, Suite 460, Raleigh, N.C.
Write to us at P.O. Box 2508, Raleigh, N.C. 27602
Call us at 919.836.1400 or fax us at 919.836.1425
e-mail: info@nccbi.org
The
House took an important step toward closing a $167 million
hole that suddenly opened in the state budget by grudgingly
accepting higher corporate taxes. Next week the chamber will
face even tougher votes on other revenue enhancements, a path
dictated when analysts convinced legislators that North
Carolina’s economy will grow by 4 percent next year, not 5.3
as the House and Senate spending plans assumed. The state’s
cherished Triple A bond rating hangs in the balance. 
North
Carolina’s growing Hispanic population won recognition
Monday when the House gave final approval to legislation that
would require bilingual voting instructions in 111 localities.
By a vote of 77-27, the House accepted Senate amendments to H.
1041 Ballot Instructions in Spanish {23 co-sponsors} and
sent the bill to the governor's desk. New census figures put
the Hispanic population in North Carolina at 378,963, a 393
percent increase over the 1990 total. 
