Bill Summary for S 967 (2025-2026)
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Summary date:
Apr 30 2026
Bill Information:
| View NCGA Bill Details | 2025-2026 Session |
AN ACT TO DISALLOW TAX RATE MODIFICATIONS IN THE ABSENCE OF A COMPREHENSIVE BUDGET SPENDING PLAN.Intro. by Grafstein, Garson.
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Bill summary
Amends GS 105-153.7(a1) to add new requirement that the General Assembly must have ratified a Current Operations Appropriations Act by July 1 of the fiscal year set out in the subsection’s list for the tax rate reduction to be triggered. Makes conforming changes in the remainder of the subsection.