North Carolina H996 reduces the General Fund operating budget cap to 6% of total state personal income.
North Carolina H996 amends the General Fund operating budget cap, reducing it from 7% to 6% of the projected total state personal income. This change applies to budgets adopted on or after July 1, 2025. The bill also allows for exceeding the budget cap with a two-thirds majority vote in both the Senate and the House of Representatives.
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