North Carolina Legislative Update

June 27, 2008

Pardon Our Dust

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This week, House and Senate Conferees continued to work out differences in the two chamber’s budget proposals. The conferees plan to work through the weekend to try to finish up the final budget as soon as possible. Those involved say they expect to have a deal at least by early next week, but other legislators remain skeptical. Significant differences appeared to remain in education spending and a handful of tax-cut proposals

Other Legislative News

  • The House Transportation Committee approved a bill Wednesday that would allow longer tractor-trailers on most North Carolina highways while allowing state transportation engineers to retain their power to mark some roads off-limits.
  • State officials are prepared to provide up to $29 million for rail and road improvements to accommodate the first major tenant at the Global Transpark in Kinston.
  • The Senate has approved legislation that would require landlords to install carbon monoxide detectors in rental homes and apartments by 2010.
  • The N.C. State Ports Authority has reached a preliminary agreement with an Illinois-based company for the development of the proposed international port in Brunswick County. The agreement with CenterPoint Properties signals that the company is the leading candidate to become the private development partner for the $2.3 billion N.C. International Terminal

Please contact the McGuireWoods Consulting Raleigh team with any questions or comments.