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N.C. Senate approves cash incentives for going back to work


A state legislative bill that would provide a return-to-work cash incentive cleared the state Senate on Tuesday.
However, a House bill was put on pause in the Senate Rules and Operations committee that would gradually eliminate the state’s corporate income tax.
The latest version of House Bill 334 contains several tax-related proposals, perhaps foremost reducing the corporate income tax rate from 2.5% to 0% in 2028. The 2.5% rate already is the lowest among the 44 states that have a corporate income tax.
House Bill 128 cleared the Senate by a 34-11 vote.
Because Senate Republican bill sponsors applied the gut-and-replace strategy to HB128, the House needs to either approve the changes or reject them to set up a concurrence committee and a potential compromise. ....

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Return-to-work, tax-reduction bills advance in N.C. Senate


House Bill 128 was recommended by the Senate Rules and Operations committee to the Senate floor.
House Bill 334 moved forward from the Senate Appropriations committee to Rules and Operations.
Both bills represent early implementations of the gut-and-replace strategy in which senators removed legislation that passed the House and inserted unrelated legislation. That tactic typically is used toward the end of the legislative session, often as a means for jump-starting controversial legislation.
The goal is for the Senate to pass the bills and then urge the House to accept the gut-and-replace changes.
If the House chooses not to concur, a concurrence committee can be created to pursue a potential compromise. ....

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