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Private funding bill for commercial property improvements sent to Gov. Cooper

Capital expenditure programs are offered in over 30 states. In North Carolina, it would enable property owners and qualifying commercial property to apply to the Economic Development Partnership of NC to be approved for long-term financing provided by private lenders.

Brianna Kraemer
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SCOTUS overturns ‘Chevron’ precedent as state’s top court ponders deference

The US Supreme Court overturned Friday a controversial 40-year-old precedent that called for courts to defer to government agencies’ interpretations when considering ambiguous laws. The end of so-called “Chevron deference” arrives as North Carolina’s top court prepares to consider its own deference case.

CJ Staff
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New NC ad focuses on EPA rule that would ban most gas-powered vehicles

A new commercial aimed at bringing awareness to a new Environmental Protection Agency (EPA) ruling that will essentially ban gas-powered vehicles will be welcoming President Joe Biden and First Lady Jill Biden to the Tar Heel State as they attend a campaign rally in Raleigh on Friday, fresh off his debate with former President Donald Trump in Atlanta Thursday night.

Theresa Opeka

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NC legislature approves CBDC restrictions with strong majority, bill sent to governor

Both chambers of the North Carolina General Assembly have approved a bill that will bar the federal government from executing a central bank digital currency in the state of North Carolina.  On Wednesday afternoon, the House concurred with the Senate on HB 690 in a 109-4 vote following the Senate’s 39-5 vote on Tuesday. It...

Brianna Kraemer
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NC Senate passes ban on Central Bank Digital Currency

The US Federal Reserve will likely soon be prohibited from testing a Central Bank Digital Currency system in the state of North Carolina.  The General Assembly has passed an act prohibiting payments to the state using central bank digital currency. The legislation, HB 690, also prohibits North Carolina from participating in the Federal Reserve branch’s...

Brianna Kraemer
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Push for regulatory changes to DCM authority could stretch into 2025

Recent changes to House Bill 385 provisions dealing with the statutory authorities of state agencies as they relate to developers and archaeological finds could indicate a more comprehensive reform to come in the long session of 2025. In a housing affordability crisis fueled by supply restrictions, advocates say increased transparency and regulatory certainty are crucial...

Jeff Moore