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NC House Takes Up Tax Amendments; Stein Targets Housing Crisis

NC House Takes Up Tax Amendments; Stein Targets Housing Crisis

Published 1 month, 1 week ago
Description

The North Carolina House is preparing for major votes on proposed constitutional amendments aimed at limiting both income and property taxes, setting up high-profile fiscal debates in Raleigh. A House committee has also approved a move that would make the State Board of Education an elected body rather than appointed. Meanwhile, Governor Josh Stein has signed an executive order focused on tackling the state’s growing housing affordability crisis. On the economic front, global instability is raising concerns about disruptions to the fertilizer supply chain, which could impact North Carolina agriculture. Lawmakers are expected to take up several major measures during a busy day at the General Assembly.

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