NC budget proposal expected on House floor this week

NC budget proposal expected on House floor this week (Image 1)

The public will get a look this week at how much the North Carolina House wants to spend on state government for the next two years and how House Republicans want to spend the money.

The chamber is preparing to vote on its proposed budget Wednesday and Thursday. That proposal will have to go through three committees, starting with the finance panel Monday.

House budget-writers released portions of the budget last week and some tax and fee changes late Sunday. They looked at Gov. Pat McCrory’s budget proposal, accepting some ideas but ignoring others. The House and McCrory seem aligned on restoring a historic building rehabilitation tax credit and a tax deduction on medical expenses for older adults.

The Senate will likely approve its version of the budget in June.

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