Rep. Ray Pickett

Senate budget targets NCInnovation funds

April 30, 2025 A.P. Dillon

RALEIGH — The North Carolina General Assembly’s Senate budget includes a provision reshaping the $500 million in endowment funds previously given to a nonprofit in 2023 for accelerating university research being brought to the marketplace. In […]

NCInnovation in compliance, according to audit

March 25, 2025 A.P. Dillon

RALEIGH — A new audit report says a group given $500 million in endowments by the legislature for research grant acceleration is complying with state law. NCInnovation (NCI), a nonprofit organization set up to expedite […]

2 state constitutional amendments may be on ballot in 2026

December 11, 2024 A.P. Dillon

RALEIGH — The North Carolina General Assembly Senate has passed two amendments to the state constitution by a vote of 30-19 for each with no Democrats voting in favor of the measures. The House has […]

N.C. House bill seeks to conform to federal taxes on PPP expenses

April 14, 2021 A.P. Dillon

RALEIGH — A bill filed in the House of the North Carolina General Assembly is seeking to temporarily conform to federal tax codes on expense deductions for businesses who received federal Payment Protection Program loans, […]

Rep. Ray Pickett

Senate budget targets NCInnovation funds

NCInnovation in compliance, according to audit

2 state constitutional amendments may be on ballot in 2026

N.C. House bill seeks to conform to federal taxes on PPP expenses

If enacted, the bill would raise the state’s crypto regulation and business profile
Stablecoin bill moving through the NC House

If enacted, the bill would raise the state’s crypto regulation and business profile