Revenue Surge Fuels Tax Cut Push; NCInnovation Clawback

A stronger-than-expected revenue forecast is giving Republican lawmakers new momentum in their push for additional tax cuts in North Carolina. Meanwhile, a man is facing a federal indictment in North Carolina over alleged Facebook threats targeting President Donald Trump. In agriculture policy, senators have filed a proposed right-to-farm constitutional amendment, aiming to strengthen protections for farmers and agricultural operations. At the same time, NCInnovation is weighing a more private future amid threats that lawmakers could claw back part of its public endowment funding. Lawmakers are also moving closer to approving a constitutional amendment that would cap North Carolina’s income tax rate.