Subject to voter approval at the 2024 general election, enacts new Article XV, Taxpayers' Protection Act, to the NC Constitution, establishing the maximum annual percentage change in State fiscal year spending, as defined, calculated at inflation plus the percentage change in State population in the prior calendar year, with an increase in the spending limit authorized only by two-thirds majority of each house of the NCGA. Sets forth defined terms. Effective upon certification.
TAXPAYER PROTECTION ACT.
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| View NCGA Bill Details | 2023-2024 Session |
AN ACT TO PROTECT THE TAXPAYERS OF NORTH CAROLINA WITH CONSTITUTIONAL LIMITS ON THE GROWTH OF STATE SPENDING.Intro. by Riddell, D. Hall, Paré, Saine.
Status: Ref to the Com on Judiciary 1, if favorable, Finance, if favorable, Rules, Calendar, and Operations of the House (House action) (Feb 21 2023)
H 146
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Bill H 146 (2023-2024)Summary date: Feb 20 2023 - View Summary
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