March 27, 2015 Legislative Update
By Unknown
Many
large groups of the general public descended on the General Assembly this week
in an attempt to have their voices heard on various issues. One such issue was vaccinations,
which resulted in a lot of women walking around with babies strapped to their
backs while pushing a stroller with one hand and holding a toddler’s hand with
the other. It was actually pretty impressive to see.
There
were also a number of groups there to support the medical marijuana
bill, with Republicans Against Marijuana Prohibition (RAMP) back for their
second week in a row.
The
Senate’s bill filing deadline was Thursday of this week. Almost 200 bills
were filed on that day, including one that would name the Linville Caverns
spider as the state’s official spider. If you want to know more about the
Linville Caverns spider, I’d suggest taking a trip to the Linville Caverns
because Google isn’t going to give you much information, other than the spider’s
confidence level is “confident.” I’m guessing that spider confidence is a
good thing, but it’s probably not enough information to make an informed
decision on a majorly important issue such as this.
The
House filing deadline for public bills is April 8.
However,
if your clients have problems after the bill filing deadlines have passed,
don’t worry! There are still ways to continue to solve problems after
those deadlines, and language can still be added to bills through different
means. So, continue to let us know if we can help you with anything!
Medical
Marijuana
HB 78 – Enact Medical Cannabis Act – was
unanimously voted down on Wednesday in a House Judiciary Committee. The
committee opened the floor to public comment and heard passionate pleas from
both sides for an hour. After the public had spoken, there was no debate
amongst the committee members before they voted for an unfavorable report and
killed the bill. However, supporters of the bill weren’t too pleased with
Rep. Dean Arp who made the motion for an unfavorable report. As Rep. Arp
was leaving the committee room, he was struck in the back by one of the bill
proponents who was then quickly pulled back by a very large, ex-football
playing lobbyist. Capitol Police then ushered the man away. After
being presented with an apology note, Rep. Arp chose not to press charges.
Vaccinations
Bill
A
bill filed a few weeks ago, which would repeal the religious exemption from
vaccinations in NC, will not pass in its current form. Primary sponsor
Senator Jeff Tarte told us this week that he thinks Senate leadership would
like to see the bill passed, but only after it undergoes some changes.
One possible change could be an informed consent provision to replace the
religious exemption, which Tarte thinks may be overused by people who are just
personally opposed to vaccinations.
Gas
Tax Agreement
The
House and Senate announced an agreement this week on the plan to temporarily
revamp the gas tax in order to avoid a drop in the tax to 30 cents per gallon
in July. They estimate that drop would result in a loss of around $400
million in funds towards building and repairing roads. While the current
gas tax is 37.5 cents per gallon, the new agreement will cut it and set a floor
of 36 cents on April 1, 35 cents on January 1, 2016, then 34 cents on July 1,
2016. This plan will give the legislature time to come up with a new permanent
plan of transportation funding that is less volatile, which they’re hoping to
do by the end of 2016. The agreement also contains the IRC update
provision to help North Carolina’s tax laws match the federal
government’s. In addition, the bill makes it to where taxes will be
charged on mortgage debt that has been forgiven, treating it as income.
The House and Senate will vote on the agreed upon conference report next week,
after which it will go to the governor’s desk.
More
Economic Development
The
House Finance Committee discussed yet another economic development bill this
week. However, the discussed bill – HB 89 – is a bill sponsored entirely
by Democrats. Nevertheless, Finance Chair Jason Saine told us that they
wanted to discuss the bill and its ideas as part of a robust discussion on
economic development. The bill will be used as a starting point for a
bi-partisan bill which will include historic tax preservation credits, film tax
credits, and credits for construction of low-income housing and for users of
state-owned ports. This will be the second economic bill filed by the
House. Why? Because the Senate hasn’t expressed much interest in
taking up the first bill that the House sent over. Maybe the second
time’s the charm…
Tax
Cuts
SB 526 – Job Creation and Tax Relief Act of
2015 – was filed Thursday by Senate leadership and includes about $1
billion in tax cuts. The bill lowers personal income tax rates from the
current 5.75% to 5.625% in 2016, and then to 5.5% in 2017. The corporate
income tax rate would also be lowered to 4.5% in 2016, and then to 4% in
2017. The bill also provides for the transition to single sales factor
apportionment. House leadership has expressed concern about ending up
with a shortfall in state revenue if taxes are lowered too quickly.
0 Comments:
Post a Comment
Thank you for visiting our blog. Please comment after registering.
<< Home