House Moves Quickly On Budget v.2
The North Carolina House of Representatives has begun debate of a new version of the budget. It contains several changes from the version introduced earlier this week, including a $40 million reduction to film incentive grants over the next two years, and changes to renewable energy policies, House leaders said at a press conference.
The exact changes weren’t immediately clear, because the language hasn’t been widely released. Usually, budgets must be published 48 hours before a vote. Rules committee chairman David Lewis said this one will operate on a shorter timeline.
“Because we’re going to be on the floor for several hours, most members would rather have the chance to review it over the next several hours,” said Lewis. “Rather than being given the good news they can come back Friday and Saturday.”
According to House Speaker Tim Moore, other changes include moderating proposed increases to DMV fees and removing a state tax credit for research and development.