When former Charlotte mayor Pat McCrory is inaugurated in January as North Carolina’s 74th governor, he’ll take the reins of a state that has become overwhelmingly conservative, with a Republican supermajority in the House and a controlling majority in the Senate. Most likely, the veto stamp in the Governor’s office will go untouched for at least the next two years.
By picking up nine new House seats and at increasing their lead in the Senate by at least one, the General Assembly is now set to pursue an ambitious agenda of tax, regulatory and education reform — and a Republican governor will pave the way for passage of pro-business legislation that could vastly improve North Carolina’s economic competitiveness in the next few years. Real estate industry priorities, such as limits on local aesthetic controls on residential construction and a streamlined permit process at DENR, are also expected to move to the front burner in the 2013 legislative session.
Here’s how the General Assembly races went down in Mecklenburg County:
But yesterday’s biggest win may ultimately be the re-election of Associate Justice Paul Newby to the North Carolina Supreme Court. Newby faced a tough challenge from Superior Court Judge Sam “Jimmy” Ervin IV, but thanks to the support of SPPACE and other pro-business PACs, he’ll be returning to the bench on the state’s highest court. Newby’s re-election is particularly important following his concurrence in the Supreme Court’s recent ruling to invalidate the Cabarrus County APFO ordinance and reestablish strict guidelines on the authority of local governments.
The real estate industry has good reason to be pleased with the outcome of yesterday’s state-level elections, and optimistic about the prospects for many of our key issues in Raleigh next year. A pro-business legislative agenda, supported by pro-business leadership in the State House, State Senate and Governor’s office, sets the stage for progress in both fiscal and regulatory and reform that will grow the economy in the Charlotte region and across the Tarheel state for years to come.
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