North Carolina S583 establishes the Leading Investments in Families and Foster Teens Act to provide financial support to specific groups.

North Carolina S583, the Lead. Invest. Families/Foster Teen Act (LIFT), establishes the Leading Investments in Families and Foster Teens Program within the Department of Health and Human Services. The program aims to provide financial support to eligible recipients, including high school students, expectant or new mothers, survivors of natural disasters, and young adults exiting foster care. These recipients will receive monthly payments of $1,000 for a limited period. The act also modifies the corporate income tax rate to align more closely with individual income tax rates.

North Carolina S583 establishes the Leading Investments in Families and Foster Teens Act to provide financial support to specific groups.

North Carolina S583, the Lead. Invest. Families/Foster Teen Act (LIFT), establishes the Leading Investments in Families and Foster Teens Program within the Department of Health and Human Services. The program aims to provide financial support to eligible recipients, including high school students, expectant or new mothers, survivors of natural disasters, and young adults exiting foster care. These recipients will receive monthly payments of $1,000 for a limited period. The act also modifies the corporate income tax rate to align more closely with individual income tax rates.