STATE:

Why NFIB

Take Action

Get Support

Stay Informed

Podcast Podcast

Careers Careers

Join Now

Home / News /

NFIB Backs Proposed Constitutional Amendment on Government Spending

June 21, 2023 Last Edit: June 5, 2025

Under the plan, spending would be tied to inflation and North Carolina's population

NFIB Backs Proposed Constitutional Amendment on Government Spending

NFIB has told the House Judiciary I Committee that it supports a proposed state constitutional amendment that would limit state government spending. House Bill 146 would tie state spending to a formula based on inflation and North Carolina’s population. Under the proposed amendment, the General Assembly could override the spending limit, but it would require a two-thirds majority in both the House and Senate. If passed by the General Assembly, the amendment would go before voters in 2024. NFIB State Director Gregg Thompson says the proposed amendment faces an uphill battle. An earlier version of the plan passed the Senate in 2015 but didn’t come up for a vote in the House, and a June 20 hearing on the latest proposal in the House Judiciary I Committee was only for discussion. Half of the committee’s members didn’t attend the discussion, and sponsor Rep. Dennis Riddell of Alamance says it isn’t sure the bill will be brought up for a vote.

Still, Thompson said government spending is an important issue for North Carolina’s small businesses.

“Our concern is that excessive government spending will lead to higher fees and taxes on small businesses and across the board,” he said.

Topics:

Taxes

State:

North Carolina

Get to know NFIB

NFIB is a member-driven organization advocating on behalf of small and independent businesses nationwide.

Learn More

June 23, 2026

NFIB Urges N.C. House to Oppose Credit Card Fee Bill

In a letter, NFIB and other groups warn of higher costs to small businesses

Split-screen live news: female anchor left, man in vest right; economy alert banner and stock ticker visible at bottom.

June 23, 2026

West Virginia Small Business Owner Joins NewsNation to Discuss 20% Small Business Deduction

Watch NFIB Michael Ervin on NewsNation.

June 22, 2026

VIDEO: On NewsNation, NFIB Member Discusses How 20% Small Business Deduction Has Provided Certainty For Small Businesses

WASHINGTON, D.C. (June 22, 2026) – West Virginia small business owner and NFIB member Michael Ervin joined Markie Martin on NewsNation Thursday to discuss the …

In Front of the Massachusetts State House in Boston

June 18, 2026

NFIB Reacts to MA Supreme Judicial Court Decision on Ballot Question Rolling Back the Income Tax Rate to 4%

NFIB had filed an amicus brief against the lawsuit in April.

NFIB Backs Proposed Constitutional Amendment on Government Spending

Related Articles