July 17, 2007(Key vote)
Title: County Medicaid Cost Assumption
Vote Smart's Synopsis:
Vote to pass a bill that transfers the non-federal share of Medicaid costs from counties to the state of North Carolina.
-Effective July 1, 2009, the states share of Federal Medicaid expenses will be transferred from the individual counties to the state government, with the exception of county administrative costs (sec. 1 (c)).
-Creates a refundable earned-income tax credit equal to 5% of a taxpayers qualification for the earned-income tax credit under existing law (sec. 6 (a)).
-Replaces the state revenue used to implement the new plan by transferring a percentage of local sale and use tax to the state government (sec. 3 (a)).
NOTE: THIS IS A SUBSTITUTE BILL, MEANING THE LANGUAGE OF THE ORIGINAL BILL HAS BEEN REPLACED. THE DEGREE TO WHICH THE SUBSTITUTE BILL TEXT DIFFERS FROM THE PREVIOUS VERSION OF THE TEXT CAN VARY GREATLY.