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Wednesday Wrap: Up in smoke
As they did two years ago, lawmakers killed a bill that would have allowed the use of marijuana for medical purposes in North Carolina.
Posted — UpdatedRALEIGH, N.C. — As they did two years ago, lawmakers killed a bill that would have allowed the use of marijuana for medical purposes in North Carolina.
A committee gave the proposal an unfavorable report, which basically prohibits the General Assembly from considering any legislation dealing with medical marijuana for the remainder of the 2015-16 session.
Meanwhile, the Senate gave quick approval to legislation that allows the 32 eastern North Carolina cities in an electric cooperative to refinance $600 million in debt after they sell off their ownership stake in power plants to Duke Energy.
The House also gave preliminary approval to a new historic preservation tax credit to replace a program that expired on Jan. 1. Gov. Pat McCrory's administration and local officials statewide have been lobbying to get the credit revived as an economic development tool.
Another tax credit eliminated in the 2013 tax reform effort also could get restored. A House committee passed a bill to allow senior citizens to deduct medical expenses over 7.5 percent of their adjusted gross income.
Also on the tax front, McCrory panned a Senate proposal to redistribute sales tax revenue to benefit rural counties.
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