North Carolina’s pension plan value surpassed $100 billion for the first time in recent days, but volatility in the stock market has eroded a chunk of the gains, state Treasurer Dale Folwell reported. Folwell made his remarks during his monthly Ask Me Anything teleconference with reporters Tuesday, Feb. 6. He added he had not received...
RALEIGH — Gov. Roy Cooper has proposed borrowing $350.7 million for state government structures and buildings in the University of North Carolina system. Voters won’t have a say. These are limited obligation bonds that don’t require a vote. And for the second consecutive year, the debt package fails to fund repairs and maintenance needs for...
RALEIGH — North Carolina’s infrastructure needs help, and the House Transportation Committee on Tuesday took a step toward setting up a “blue ribbon committee” to study highway and transportation needs, including ways to grow the budget. The committee would study options for increasing transportation funding, including transportation bonds, revenue changes, local government participation, and...
Lawmakers on Monday began returning to Raleigh ready to file more bills and begin to committee meetings. Rep. Harry Warren, R-Rowan, filed a bill aimed at making it easier for auto-insurance companies to develop and implement driver-incentive plans. If approved, House Bill 43 would give insurers the option of continuing to use the N.C. Rate...
An evening TV news program showing a traffic stop “that got out of hand and escalated” led Rep. Ken Goodman, D-Richmond, to introduce a bill requiring instructions of how motorists should interact with police. “My wife and I were talking, and you know, we said a lot of people don’t know how you’re supposed to...
RALEIGH — Local police in North Carolina would have whistleblower protections under a bill introduced in the state House. “If you have whistleblower protections throughout government, to not have these fellows also covered just wasn’t copacetic,” said Rep. Chris Malone, R-Wake, the sponsor of the bill, House Bill 37. “We want people to be able...
The state House on Thursday overwhelmingly passed a bill that would put the brakes on the Interstate 77 high-occupancy or toll lanes project in Mecklenburg and Iredell counties. Rep. Charles Jeter, R-Mecklenburg, who sponsored House Bill 954, said the project cancels the project “under the premise of cause.” “It is my belief and some others’...
UPDATE: The N.C. House voted, 81-27, to approve this measure Thursday. It now heads to the Senate. RALEIGH — Efforts to block the controversial high-occupancy or toll lanes on Interstate 77 in Mecklenburg and Iredell counties gained momentum on Wednesday as a bill to cancel the project cleared two committees. The House has scheduled a...
A House committee on Tuesday decided to approve a bill that would lift a $500,000 cap on light-rail projects, which could help free up state funding for a proposed light-rail project in Durham and Orange counties if the bill becomes law. The bill, sponsored by Rep. John Torbett, R-Gaston, would reverse a provision passed in...
RALEIGH — A bill setting up state regulation of transportation network companies such as Uber and Lyft cleared a House Committee on Tuesday. Rep. Bill Brawley, R-Mecklenburg, the House handler of the bill, said the legislation is needed to have uniform regulations statewide and prevent cities — including those owning commercial airports — from setting up different sets of rules.
RALEIGH — A Senate bill that would relieve a southeastern North Carolina planning organization from financial consequences resulting from the use of the controversial Map Act passed the House on Wednesday and will return to the Senate. In February, a three-judge panel of the N.C. Court of Appeals ruled that filings under the state’s Map Act amounted to the taking of property, initiating requirements that the state pay just compensation to the landowners.
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