HB 117; 2R - NC Competes Act

Increases the amount of taxpayer dollars dedicated to the Job Development Investment Grant (JDIG) programs – a corporate welfare giveaway. Also extends targeted sales tax breaks for airplane fuel and qualifying “datacenters.” Civitas believes the conservative position is to oppose taxpayer handouts to specific corporations. Also, while business inputs (like airplane fuel or equipment for datacenters) should not be taxed, exempting only specific inputs creates unfair advantages to politically-favored industries. The conservative vote is no.