Bill Summary for H 146 (2023-2024)

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Summary date: 

Feb 20 2023

Bill Information:

View NCGA Bill Details2023-2024 Session
House Bill 146 (Public) Filed Monday, February 20, 2023
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.

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Bill summary

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.