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NC S583

Bill

Status

Introduced

3/25/2025

Primary Sponsor

Natalie Murdock

Click for details

Origin

Senate

2025-2026 Session

AI Summary

  • Establishes the LIFT Program providing $1,000 monthly payments to four groups: homeless high school seniors (April-August), young adults aged 16-27 exiting foster care, expectant or new mothers with children under 18 months, and natural disaster survivors (for 12 months after qualifying for FEMA assistance), running from April 2026 through April 2035

  • Creates the Healthy Start NC Program with $161.6 million annually from TANF Block Grants plus $146.3 million annually from the General Fund for the 2025-2027 biennium, providing $1,500 one-time prenatal payments and $500 monthly post-birth payments for up to one year to eligible mothers

  • Program income payments are exempt from state income taxes, cannot be used to offset recipient liabilities, and do not affect eligibility for other public assistance programs

  • Sets the corporate income tax rate at a flat 2.25%, eliminating the previously scheduled phase-down to 0% that was set to occur by 2030

  • Requires the Department of Health and Human Services to coordinate with multiple state agencies and partner with a nonprofit organization to administer payments and raise private funds to expand program reach

Legislative Description

Lead. Invest. Families/Foster Teen Act (LIFT)

Education

Last Action

Re-ref Com On Appropriations/Base Budget

3/26/2025

Committee Referrals

Appropriations/Base Budget3/26/2025
Rules and Operations of the Senate3/26/2025

Full Bill Text

No bill text available