Raleigh, N.C. — The Senate’s proposed is heading toward its required floor votes this week, and the tax cuts in it will have a much bigger impact than previously thought.
The cuts to corporate and individual tax rates would cut $5.2 billion more from the budget over five years – a total of $13.9 billion in that time – than the cuts the Senate recently approved in a standalone bill.
Meanwhile, lawmakers passed a compromise bill to end the $300-a-week federal supplement to unemployment checks, saying the boost to benefits was discouraging people from returning to work as the pandemic wanes.
The House is set to vote on the annual Farm Act after a provision was dropped in committee that workers’ rights advocates said would have made it harder for people to sue their employer for workplace retaliation. But a provision environmentalists dislike on permitting methane operations at hog farms remains in the bill.
Finally, a medical marijuana bill got a first-ever hearing at the legislature. In often emotional testimony, veterans and friends of cancer patients begged lawmakers to allow marijuana to be prescribed and used in the state to treat conditions from cancer to multiple sclerosis to post-traumatic stress disorder.