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Stein vetoes REINS Act, a bill aimed at bureaucratic overreach
On Friday, Gov. Josh Stein vetoed House Bill 402, Limit Rules with Substantial Financial Cost, or the REINS Act, a major piece of regulatory reform legislation.
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NC Senate passes REINS Act to address costly regulations, boost oversight
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.
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NC faces competitive pressure as SC unveils aggressive tax cuts
South Carolina’s top leaders gathered on Tuesday to unveil a bold plan to slash the state's income tax rate by nearly 40%, setting their sights on outpacing North Carolina in tax competitiveness.
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National tax group praises N.C. legislators, urges more reform
A letter from the head of a national tax reform group touts N.C. lawmakers’ “leadership in advancing pro-growth tax policies.” The letter from Grover Norquist of Americans for Tax Reform calls for legislators to consider even more tax-related changes as they begin a new session.
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Budget failsafe means negotiations unlikely as lawmakers return to Raleigh
For the first time in state history, the governor is introducing a budget proposal in August. The fiscal year is already under way, but North Carolina’s budget is almost two years old. Gov. Roy Cooper, a Democrat, wants to spend $25 billion on a slew of ambitious priorities — from expanding Medicaid to increasing unemployment...
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Americans for Tax Reform joins effort to raise cap on craft beer distribution
Grover Norquist is using his considerable influence to push North Carolina lawmakers toward reforming restrictive laws governing craft beer. Norquist, founder of Americans for Tax Reform, is calling for an end to the state’s “protectionist, anti-consumer restriction on craft brewery self-distribution.” Norquist in 1985 founded ATR, which promotes a system in which taxes are simpler,...
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National analysts praise N.C. regulatory reforms
North Carolina was lauded for “impressive reforms” curtailing its regulatory burdens on businesses and individuals, and national policy analysts discussed methods of further reducing costly restrictions during a June 22 teleconference call. “North Carolina has been a model for a lot of things,” said Patrick Gleason, director of state affairs at Americans for Tax Reform....
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Experts: Give States More Immigration Authority
GRAND RAPIDS, Mich. – The frustration with the failure of Congress to tackle immigration reform has prompted some observers to suggest that states look north for inspiration. At the recent annual meeting of the State Policy Network, experts from Americans for Tax Reform, the Reason Foundation, and the Niskanen Center suggested that states push for adopting a Canadian model, which shifts authority for some immigration policies to the state level.
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Unemployment Insurance Reform Could Go To McCrory Within Days
RALEIGH — The unemployment insurance bill is the GOP-led effort to repay a $2.5 billion debt that was borrowed from the federal government to pay unemployment benefits during the Great Recession. Supporters say that if nothing is done, the state’s businesses will see federal surcharges mount on their tax bill until the debt is repaid, likely in 2019.
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Price: Sequestration Unlikely In Lame-Duck Session
CHAPEL HILL — A trillion-dollar sequestration that immediately would cut large portions of domestic and military spending likely will be deferred until budget architects can put together a long-term fiscal plan in the new Congress, U.S. Rep. David Price said Monday.
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Dental Regulation Bill Drawing National Attention
RALEIGH — Dental service organizations provide back-end or nonclinical services to dentists who work with their business model. Those services include accounting, purchasing, billing and collection, and information technology. They also provide dental equipment.
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Simpson, Bowles Stump for Debt-Reduction Plan at Duke
DURHAM — Erskine Bowles and Alan Simpson, co-chairs of a congressional committee created through President Barack Obama’s executive order to address the nation’s fiscal hurdles, spread the blame evenly between the political parties for the country’s $15 trillion debt.
