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State Government
Gone! State Pays Off $2.8 Billion Unemployment Debt To Federal Government PDF Print E-mail
State Government
By Administrator   
Wednesday, 06 May 2015 05:35

RALEIGH, (SGRToday.com) - Saying the payoff of debt will give North Carolina employers certainty about the cost of doing business, Gov. Pat McCrory and legislative leaders announced Tuesday that they have paid off the state's $2.8 billion unemployment insurance debt to the federal government.

The debt began during the Perdue administration when officials borrowed money to pay generous unemployment benefits to North Carolinians who'd lost jobs during the Great Recession. There was no plan to pay back the debt.

When Pat McCrory took office in January 2013, the debt stood at $2.5 billion. It was projected to grow to $3 billion if the state took no action. The governor and legislative leaders agreed on a plan of shared pain.  Unemployment benefits were pared back to the level offered by neighboring states and businesses were forced to pay penalties and interest on the debt.

"Had the debt not been paid by November 2015," said state Department of Commerce Assistant Secretary Dale Folwell, "employers in this state would have been subjected to an additona $282 milion in additional FUTA (Federal Unemployment Tax Act) penalties. These monies can now be used by the employer community to assist with the expansion of their business and workforce."

 
Gov. Pat McCrory's Public Schedule For Tuesday, May 5, 2015 PDF Print E-mail
State Government
By Administrator   
Tuesday, 05 May 2015 05:42

RALEIGH, (SGRToday.com) - Following is Gov. Pat McCrory's public schedule for Tuesday, May 5, 2015, as released by his office.

7:30 a.m.
Thought-Leader Breakfast with Steve Case
Executive Mansion
200 North Blount Street
Raleigh


9 a.m.
Council of State Meeting
Department of Administration  
5th Floor Commission Boardroom  
116 W Jones Street
Raleigh

OPEN  
 
 
12:30 p.m.
Governor Pat McCrory and other state leaders
Announcement   
State Capitol  
Old House Chamber  
1 E. Edenton St.  
Raleigh

OPEN to credentialed press only.  


1:30 p.m.
'North Carolina Teacher Appreciation Day' Proclamation Presentation & School Tour  
 Vernon Malone College and Career Academy
Media Center  
2200 South Wilmington Street
Raleigh

OPEN to credentialed press only.
 
 
4 p.m.
Governor’s Medallion Award Ceremony for Volunteer Service
State Capitol  
Old House Chamber  
1 E. Edenton St.  
Raleigh,

OPEN to credentialed press only. 

 
Senate Bil 372 Becomes Law, Supporting New Renewable Energy Projects PDF Print E-mail
State Government
By Administrator   
Monday, 04 May 2015 05:34

RALEIGH, (SGRToday.com) - The tax credit for renewable energy projects has been extended under a bill signed into law by Gov. Pat McCrory. Senate Bill 372 is part of an "all-of-the-above energy policy" endorsed by the governor, according to a statement from his office.

The credit was scheduled to expire January 1 of 2016, but the bill extends the life for another year. The bill was sponsored by Senators Bob Rucho, Jerry Tillman, and Bill Rabon.

Under the new law, projects that have begun and meet certain requirements by January 1, 2016 will be eligible for a tax credit for an extended year until January 1, 2017. To qualify for the credit, projects that will have less than 65 megawatts of capacity, must be 80 percent complete by January 1, 2016. For projects that will have 65 megawatts of capacity or more, the project must be 50 percent complete by January 1, 2016. 

 
N.C. Innovation Center Honored By National Tech Leaders as a State IT Program of the Year PDF Print E-mail
State Government
By Administrator   
Friday, 01 May 2015 05:45

RALEIGH, (SGRToday.com) - Big kudos for North Carolina's Innovation Center, which has been named a State IT Program of the Year 2015. The award comes from State Scoop, a national publication that features leaders and innovators in government technology.  

The iCenter, as its known, is designed to ensure the state purchases in the IT area are proven to work. Essentially, it is a “try before you buy” lab. “The iCenter has been a catalyst for change in the culture of state government," said Gov. Pat McCrory in a statement.  “We’re applying common sense business principles and investing our IT dollars more wisely by testing technology to make sure it will deliver as promised.”  
 
Chris Estes, North Carolina’s State Chief Information Officer, accepted the award at the National Association of State Chief Information Officers’ (NASCIO) conference. Estes is a member of NASCIO’s Executive Committee and Chair of its National Innovation Community.

It's not the first honor for the Innovation Center. It was also recognized as a 2015 “Bright Idea” by the Ash Center at Harvard University earlier this year.

 
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