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Take Action to Help Create Jobs in North Carolina

May 18, 2011 J

The North Carolina General Assembly will be debating an important bill (HB 542) that will help create jobs in North Carolina, by reforming our legal system.
A state’s legal climate can be a major inducement or a major deterrent to business investment, growth, and job creation. It is one factor among several key ones that businesses consider when making decisions about where to expand existing operations or to locate new facilities. House Bill 542 makes important, balanced changes to NC’s civil liability system to provide fairness, predictability, and encourage job creation.

Protection from city-run broadband

May 17, 2011 J

RALEIGH -- Everywhere taxpayers turn they find a sea of red ink: in Washington, D.C., in Raleigh and in local governments throughout the state.

House Bill 129, sponsored by Rep. Marilyn Avila, R-Wake County, has passed both the state House and Senate by large bi-partisan majorities. The new law puts certain requirements on local governments endeavoring to invest taxpayer funds in publicly owned communications networks. These networks often duplicate services that are already provided by private sector communications companies, without abiding by the same regulations and taxes.

Why We support the Consumer Finance Act

May 16, 2011

Why We support the Consumer Finance Act
- May 2011 -

The “Consumer Finance Act” (H810) seeks to update a 28-year-old law governing consumer loans in North Carolina by providing more flexibility for borrowers and lenders. Consumer finance lenders serve an important gap in the financial sector by providing lending options to North Carolina’s underserved middle class. The average consumer finance loan borrower in North Carolina has an annual income of $55,000-$75,000.