North Carolina 2025-2026 Regular Session

North Carolina House Bill H548 Compare Versions

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11 GENERAL ASSEMBLY OF NORTH CAROLINA
22 SESSION 2025
3-H 1
4-HOUSE BILL 548
3+H D
4+HOUSE BILL DRH10207-MCa-137
5+
56
67
78 Short Title: NC Economic Progress and Well-Being. (Public)
8-Sponsors: Representatives Cohn, Rubin, Roberson, and K. Brown (Primary Sponsors).
9-For a complete list of sponsors, refer to the North Carolina General Assembly web site.
10-Referred to: Rules, Calendar, and Operations of the House
11-March 31, 2025
12-*H548 -v-1*
9+Sponsors: Representative Cohn.
10+Referred to:
11+
12+*DRH10207 -MCa-137*
1313 A BILL TO BE ENTITLED 1
1414 AN ACT TO MEASURE THE ECONOMIC PROGRESS AND WELL -BEING OF THE 2
1515 STATE. 3
1616 Whereas, North Carolinians have prioritized their economic well-being and its 4
1717 advancement as essential work of our State lawmakers; and 5
1818 Whereas, public policy choices can create the conditions for economic security and 6
1919 progress; and 7
2020 Whereas, the State's overall economic progress depends on the well-being of its 8
2121 people and communities; and 9
2222 Whereas, policymakers should monitor the impact of public policy choices on the 10
2323 well-being of people across the State and economic progress by the assessments of people and 11
2424 communities rather than markets and productivity alone; and 12
2525 Whereas, the NC General Assembly should strive to conduct its work to advance for 13
2626 every person in North Carolina; and 14
2727 Whereas, it is essential to have a well-rounded opportunity to have economically safe, 15
2828 stable, and secure lives, including (i) access to jobs that pay enough to ensure a standard of living 16
2929 where a person can get ahead and a high level of life satisfaction, (ii) affordable prices for the 17
3030 basics like food, housing, health care, and childcare, (iii) access to the education and training that 18
3131 supports mobility, opportunity, and participation in civic life, (iv) opportunity to start and expand 19
3232 business free from unfair competition and domination by monopolies and other unfair advantages 20
3333 for certain kinds of businesses, (v) a community of opportunity free from concentrated 21
3434 disadvantage, toxic exposures, and connected to supports to learn, earn, and live a healthy life, 22
3535 and (vi) adequate protection from the economic fears of old age, sickness, climate disaster, and 23
3636 unemployment; Now, therefore, 24
3737 The General Assembly of North Carolina enacts: 25
3838 SECTION 1. There is appropriated from the General Fund to the Department of 26
3939 Commerce the recurring sum of two hundred thousand dollars ($200,000) for each fiscal year of 27
4040 the 2025-2027 fiscal biennium to conduct biannual analyses of Economic Progress in North 28
4141 Carolina. The Department shall report the results of the analyses to the General Assembly no 29
4242 later than January 31 of every odd-numbered year, and each report shall meet all of the following 30
4343 requirements: 31
4444 (1) Utilize publicly available data and interview people of various socioeconomic 32
4545 backgrounds. 33
46-(2) Measure, for the State and each county, at least the following metrics: 34 General Assembly Of North Carolina Session 2025
47-Page 2 House Bill 548-First Edition
48-a. Hardship, as measured by the poverty rate, child poverty, deep 1
49-poverty, inequality, and the supplemental poverty rate. 2
50-b. Share of jobs that (i) pay below a living income wage and (ii) provide 3
51-basic needs and quality conditions and benefits. 4
52-c. Share of a household's monthly income that goes to food, housing, 5
53-health care, and childcare. 6
54-d. Percent of people who are considered cost-burdened based on the 7
55-amount of income spent on housing, childcare, and health care 8
56-premiums. 9
57-e. Cost of postsecondary education and job training relative to income. 10
58-f. Persistent poverty census tracts and concentrated poverty census 11
59-tracts, including the number of people living in persistent and 12
60-concentrated poverty neighborhoods. 13
61-SECTION 2. This act becomes effective July 1, 2025. 14
46+(2) Measure, for the State and each county, at least the following metrics: 34
47+a. Hardship, as measured by the poverty rate, child poverty, deep 35
48+poverty, inequality, and the supplemental poverty rate. 36
49+H.B. 548
50+Mar 26, 2025
51+HOUSE PRINCIPAL CLERK General Assembly Of North Carolina Session 2025
52+Page 2 DRH10207-MCa-137
53+b. Share of jobs that (i) pay below a living income wage and (ii) provide 1
54+basic needs and quality conditions and benefits. 2
55+c. Share of a household's monthly income that goes to food, housing, 3
56+health care, and childcare. 4
57+d. Percent of people who are considered cost-burdened based on the 5
58+amount of income spent on housing, childcare, and health care 6
59+premiums. 7
60+e. Cost of postsecondary education and job training relative to income. 8
61+f. Persistent poverty census tracts and concentrated poverty census 9
62+tracts, including the number of people living in persistent and 10
63+concentrated poverty neighborhoods. 11
64+SECTION 2. This act becomes effective July 1, 2025. 12