New NC law creates investment oversight board for public retirement funds
The law creates the NC Investment Authority to modernize investment management and oversee $129B in pension, education, and transport funds.
"By enabling the Forest Service to better conduct controlled burns of unchecked vegetation and scattered debris, we can protect our forests from catastrophic wildfires that may occur in the hottest months of the year."- Sen. Ted Budd, R-NC.
North Carolina’s second-highest court could decide whether state regulators made the wrong choice when they allowed one health care provider to maintain a monopoly on MRI machines serving northeastern North Carolina. A three-judge Court of Appeals panel heard oral arguments Wednesday in a case that pits Virginia-based Chesapeake Diagnostic Imaging Centers against Sentara Advanced Imaging Solutions and the North Carolina Department of Health and Human Services.
North Carolina may join a growing number of states to rein in bureaucratic rulemaking with passage of the REINS Act. The measure imposes new checks on unelected regulatory bodies to curb the economic burden of expansive government. It now goes back to the North Carolina House for consideration.
Soybean farmers are set to be impacted as John Deere, one of the nation’s largest manufacturers of heavy farm equipment, recently announced a major production shift to counter $500 million in tariff-related costs.
House Bill 765 will help reduce the housing in North Carolina.
While the minimum age to purchase tobacco products is 21 across the US under federal law, North Carolina is one of just a few states that has yet to align state tobacco laws with the 2019 federal regulation.
After North Carolina conservatives won control of the General Assembly in 2010, they began a systematic application of supply-side principles to state policy. It’s been a phenomenal success — although I admit others might disagree if their definition of “supply side” differs from mine. The difference isn’t necessarily partisan. I know both Republicans and Democrats...
Federal commission advocates for continued investment in biotech manufacturing.
State government lawyers are asking the North Carolina Supreme Court to reject an appeal in a recent case upholding government restrictions on Sunday hunting. Plaintiff Tim Oates is asking the state’s high court to overturn a unanimous April 16 decision from the state Court of Appeals. Appellate judges agreed that the laws governing Sunday hunting comply with the North Carolina Constitution.
The future of major NC industries could be at stake as steel tariffs double.
Across-the-board tariffs and the uncertainty they create undermine that stability, making it harder for state budget writers to project revenues and plan responsibly.