North Carolina S708 reduces parent copayments for subsidized child care, reenacts the child tax credit, increases the state minimum wage, and creates.
North Carolina S708 reduces parent copayments for subsidized child care, reenacts the child tax credit, increases the state minimum wage to $15 per hour, and grants local governments flexibility to set a higher local minimum wage. It also increases the income eligibility limit for the property tax homestead circuit breaker. The bill creates a homebuyers' assistance program with the North Carolina Housing Finance Agency for first-time homebuyers who work as public servants.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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