Creates a pilot program for a public-private partnership to provide affordable child care services with fair wages and benefits to child care workers.

Appropriates $582 million in additional Hurricane Helene relief.

Reduces the statutory cap on state General Fund expenditures from 7% to 6%.

Establishes the NC Child Care Finance Agency to increase access to capital for child care providers.

Establishes a permanent Disaster Readiness and Response Fund.

Appropriates $500 million proposal for Hurricane Helene relief, including $10 million to the Division of Emergency Management in the NC Department of Public Safety to make grants to nonprofits that are Volunteer Organizations Active in Disaster (VOADs) that are providing assistance in Hurricane Helene relief and recovery, $150 million for home construction and repair, $55 million to establish a grant program for local governments to expedite infrastructure repairs that impact the operation of small businesses; permits VOADs working on Hurricane Helene relief and recovery efforts to access heavy construction equipment and motor vehicles from the state’s surplus property.

Appropriates $35 million in matching funds for local governments and nonprofits receiving federal disaster relief funding; appropriates $20 million in grants to nonprofits for home repair and reconstruction work; and appropriates funding for housing, utility assistance, rental assistance, mortgage assistance, and homelessness prevention, legal assistance to victims of Hurricane Helene, museums and libraries impacted by Hurricane Helene, food banks, volunteer organizations active in disasters (VOADs). AMENDED to include no matching funds for local governments and nonprofits; provides $20 million for flood mitigation grants to local governments and nonprofits; no funding for home repair, housing, utility assistance, rental assistance, mortgage assistance, homelessness prevention, legal assistance to victims of Hurricane Helene, or museums and libraries, or food banks; provides $18 million for grants to volunteer organizations active in disasters (VOADs).

Exempts most purchases by 501(c)(3) purchases from sales tax; requires nonprofits to obtain a sales tax exemption; clarifies that nonprofits are not required to collect and remit sales tax on the ticket prices of fundraising events where entertainment is provided.

Exempts most nonprofits from sales and use taxes for retail sales and the use, storage, or in-state consumption of certain tangible personal property, digital property, and services used in carrying out their work; exempts indirect sales to a nonprofit of digital property and tangible personal property that is purchased by a contractor for installation in a facility owned or leased by the nonprofit; excludes certain sales from tax exemption, such as utilities, video programming, prepaid meal plans, aviation fuels, and liquor, as well as purchases by nonprofits that are reimbursed by non-exempt entities; limits the annual tax exemption to $31,700,000 per entity; establishes a tax exemption registration process for nonprofits; provides penalties for abuse of an exemption certificate; requires a sales tax exemption number.

Prohibits charges for payments by credit card or debit card beyond the payments made to payment card providers by persons engaged in business in the state.