This November, North Carolina will have its 2022 midterm election. Although it is an off-cycle year, this election is still crucially important. With issues like inflation, personal freedoms, and the economy dominating the minds of voters across the country, voting is the most important way to make sure that candidates and representatives hear your voice on these crucial issues and work to make our country stronger and united. This guide will take you through important dates, how to find your candidates and their platforms, how to get involved in the election process, and questions to ask candidates about their platforms.
Small Business Grants & Inflation Reduction Act
On August 16th, the Inflation Reduction Act of 2022 was officially signed into law. The legislation is set to tackle the climate crisis and strengthen American energy security by providing provisions to lower energy costs, create jobs and deliver clean energy incentives.
State Leaders Pass a $27.9 Billion Updated Budget for FY 22-23
Last week, Governor Roy Cooper signed the updated state budget for the fiscal year of 2022-23 into law. The bill, which was passed by the General Assembly last month just hours before the July 1st legislative recess, reflects an additional $6.2 billion in projected state revenues over a 2 year period.
Gov. Cooper's Proposed Budget 22-23
Last week, Governor Roy Cooper unveiled his budget proposal for the fiscal year 2022-23. The proposal hits on several key aspects as they relate to small business owners:
How Funds are Distributed Across NC
Infrastructure Bill Recap: How Small Businesses Can Benefit
Unprecedented Small Business Funding
Learn the Economic Market Profile of Your County
NCSBC Small Business Bill Tracking and Policy Update
NC Will Receive $9 Billion from American Rescue Plan
North Carolina's share of the $1.9 trillion dollar American Rescue Plan will amount to $9 billion with one-third of the funding going to direct relief funding for NC's counties and cities.