AN ACT To reduce the increase in the State General fund operating budget by reducing the statutory cap on the operating budget as a percentage of total State personal income to six percent.

The General Assembly of North Carolina enacts:

SECTION 1.  G.S. 143C‑4‑6 reads as rewritten:

§ 143C‑4‑6.  General Fund operating budget size limited.

(a)        Size Limitation. – Except as otherwise provided in this section, the General Fund operating budget each fiscal year shall not be greater than seven percent (7%) six percent (6%) of the projected total State personal income for that fiscal year.

(a1)      Extraordinary Exceedance of Budget Size Limitation. – In each fiscal year, funds in excess of the size limitation set forth in subsection (a) of this section shall be available for expenditure upon a two‑thirds vote of the membership of the Senate and the House of Representatives present and voting.

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SECTION 2.  This act becomes effective July 1, 2025, and applies to General Fund operating budgets adopted by the General Assembly on or after that date.