The General Assembly 2017 long session picked up speed last week with floor votes by both the House and Senate and a variety of committee meetings.  One item already adopted by the House and given tentative approval by the Senate is a 25 percent reduction in the University of North Carolina Board of Governors by 2019.  This legislation will decrease the Board of Governor’s membership from 32 voting members to 24, in an attempt to make the Board more manageable.  The House also passed House Bill 7 to increase the state’s “rainy day fund” by requiring legislators to save 15 percent of the growth in the budget from the previous year and place it into the rainy day fund. This legislation received bipartisan support in the House and will next be considered by the Senate, where we expect some version of it to be approved by the Senate. Read the full report here.