North Carolina legislation · 2025-2026 Session
North Carolina S708: Working Families Act.
Status: In committee, March 26, 2025
What the bill says
An act reducing parent copayments for subsidized child care, reenacting the child tax credit, increasing the state minimum wage to fifteen dollars per hour on labor day 2025 and granting local governments flexibility to set a higher local minimum wage, increasing the income eligibility limit for the property tax homestead circuit breaker, creating a homebuyers' assistance program with the north carolina housing finance agency for first-time homebuyers who work as public servants, and enacting the north carolina paid family leave insurance act to help working families and…
From the introduced text:
A BILL TO BE ENTITLED AN ACT REDUCING PARENT COPAYMENTS FOR SUBSIDIZED CHILD CARE, REENACTING THE CHILD TAX CREDIT, INCREASING THE STATE MINIMUM WAGE TO FIFTEEN DOLLARS PER HOUR ON LABOR DAY 2025 AND GRANTING LOCAL GOVERNMENTS FLEXIBILITY TO SET A HIGHER LOCAL MINIMUM WAGE, INCREASING THE INCOME ELIGIBILITY LIMIT FOR THE PROPERTY TAX HOMESTEAD CIRCUIT BREAKER, CREATING A HOMEBUYERS' ASSISTANCE PROGRAM WITH THE NORTH CAROLINA HOUSING FINANCE AGENCY FOR FIRST-TIME HOMEBUYERS WHO WORK AS PUBLIC SERVANTS, AND ENACTING THE NORTH CAROLINA PAID FAMILY LEAVE INSURANCE ACT TO HELP WORKING FAMILIES AND CREATING THE EMPLOYER GRANT FUND TO OFFSET COSTS INCURRED BY EMPLOYERS AND APPROPRIATING FUNDS FOR THAT PURPOSE. The General Assembly of North Carolina enacts: CHILD CARE SUBSIDIES SECTION 1.1.(a) Section 9D.3(b) of S.L. 2023-134 reads as rewritten: "SECTION 9D.3.(b) Fees for families who are required to share in the cost of care are established based on ten percent (10%) seven percent (7%) of gross family income. When care is received at the blended rate, the copayment shall be eighty-three percent (83%) of the full-time copayment. Copayments for part-time care shall be seventy-five percent (75%) of the full-time copayment." SECTION 1.1.(b) This act becomes effective July 1, 2025. REENACT CHILD TAX CREDIT SECTION 2.1.(a) G.S. 105-153.10 is reenacted as it existed immediately before its expiration and reads as rewritten: …
Sponsors
- (D, 19) · primary sponsor