Tag:Smith

  • Chamber Resurrects Idea of Vehicle Mile Fees

    RALEIGH — The idea goes by a number of names, but it’s most commonly known as a vehicle miles traveled tax, or VMT fee. If fully implemented, fuel taxes would be replaced by a fee assessed on motorists for every mile they travel on public highways. Setting the rate and determining…

  • Charter Closing Fund Raises Concerns

    RALEIGH — An advocacy group has raised concerns about a provision stuck into last year’s budget requiring charter schools to maintain a $50,000 reserve to pay off final expenses in the event the school closes. Schools are allowed to have the money in an escrow account, or through a letter…

  • Unexpected Surplus Would Trigger Lower Tax Rates

    RALEIGH — The tax reform law passed by the General Assembly in 2013 — lowering personal income tax rates, establishing a flat tax, and reducing corporate income tax rates — included a trigger provision that would cut lower corporate tax rates even more if tax collections exceed revenue projections. If…

  • House Committee Gets Review of Road-Funding Plan

    RALEIGH — Rep. John Torbett, R-Gaston, told the House Transportation Committee on Tuesday that highway repairs and maintenance have lagged in recent years. House Bill 927 would boost spending for transportation projects by roughly $500 million annually, beginning in the 2016-17 fiscal year. The measure also would phase out a…

  • Senate Bill Would Restore Charter School Funding

    RALEIGH — The Senate Education and Higher Education Committee on Tuesday took a step toward returning money to charter schools that got sidetracked when lawmakers changed the spending formula years ago. The funding formula was changed when Democrats were in charge of the General Assembly, and Republicans made a resumption…

  • Lawmakers Trying To Halt Highway Fund Diversions

    RALEIGH — The General Fund pays for most state government programs, including public schools, higher education, prisons, and human services programs. Most highway programs are financed by either the Highway Fund or the Highway Trust Fund, which get their revenues from gasoline taxes, highway use taxes, auto sales taxes, and vehicle…

  • House Moves 2016 Presidential Primary to March

    RALEIGH — House Bill 457, moving the state’s 2016 presidential preference primary to March 8, is aimed at averting likely penalties to the state’s delegations to the Democratic and Republican national conventions. Both major parties said any state other than Iowa, New Hampshire, Nevada, or South Carolina holding primaries or…

  • House Passes Retention Election Bill for Judges

    RALEIGH — Under the legislation, appellate judges would continue to take office initially by winning a two-candidate election. To serve a second or subsequent term, however, a “retention” election would be held at the end of the term, with voters asking to approve or disapprove the jurist. Any judges who…

  • Federal Justices Unsure About N.C. Districts

    RALEIGH — The nation’s high court didn’t overturn North Carolina’s legislative and congressional maps, drawn in 2011 by the Republican-controlled General Assembly. Instead, it told North Carolina’s top court to reconsider the case in light of an earlier ruling from the justices on Alabama’s redistricting maps.

  • November Bond Election Means Voting Early, Often

    DURHAM — The McCrory administration will ask North Carolina voters to approve transportation and infrastructure bonds at a time when citizens in most (but not all) cities will elect mayors and council members. Holding the referendums this November also would ask voters statewide to cast ballots as many as five…