Bill > H962

This bill: - Modifies the current operations appropriations act for the 2023-2024 fiscal year and makes other changes to the state's budget operations. - Appropriates funds for various state agencies, departments, and institutions, including the North Carolina Community College System, Department of Public Instruction, The University of North Carolina system, Department of Health and Human Services, and other state government entities. - Makes adjustments to the General Fund availability and makes changes to various reserves and funds, such as the Medicaid Contingency Reserve, Economic Development Project Reserve, and Housing Reserve. - Provides funding for the North Carolina Defense Innovation Network to support efforts to grow the defense innovation economy in the state. - Establishes the Strategic Workforce Trust and provides a small business tax cut by reducing unemployment insurance contribution rates. - Enhances unemployment insurance benefits, including increasing the minimum weekly benefit amount and extending the maximum duration of benefits during recessions. - Makes various changes related to the administration of the Opportunity Scholarship program. - Provides funding and makes policy changes related to public schools, including establishing an ADM Contingency Reserve, the Comprehensive Remedial Plan, and changes to funding formulas. - Makes adjustments to various state employee and retiree compensation and benefit provisions. - Authorizes the issuance of $2.5 billion in public improvement bonds for public school capital projects. - Makes other changes to state finances, capital projects, and various other programs and policies.

Budget and Finance

https://www.ncleg.gov/BillLookUp/2023/H962