Following up on yesterday’s post about two recent Bad Bills of the Week, HB 117 and SB 20 are both scheduled for a vote this afternoon in the NC House.
The House yesterday approved a substitute for SB 20 – the new version of this bill would drop the state gas tax from its current 37.5 cents per gallon to 36 cents, effective through the end of this calendar year. At that point, the gas tax formula would revert to its old formula. Legislators have commented that this bill is intended to spark a more permanent, wholesale change in transportation funding and is not intended as a permanent change.
HB 117, the NC Competes Act, is loaded with corporate welfare handouts and targeted political privileges.
Both bills are expected to pass the House and move to the Senate.