Yesterday was a pretty significant day for both sides of the state’s fiscal ledger. On the revenue side, Gov. McCrory signed into law tax reform legislation.
On the spending side of the ledger, the House and Senate both approved the compromise budget plan crafted by the conference committee. Somewhat surprising was the number of Republicans in the House voting against the budget bill. Per the N&O:
New education laws and eugenics compensation in the $20.6 billion budget caused an uproar among Republican House members, 10 of whom – including one of the chief budget writers – voted against the spending plan.
The House passed the budget on a 66-52 preliminary vote. The Senate followed with a 31-17 vote about 90 minutes later, with one Republican senator opposed.
Each chamber will take final votes on Wednesday and send the spending plan to Gov. Pat McCrory for his signature.
Check back with Civitas for a more thorough summary of the state budget once it is approved by the legislature.