Bill Text: NC S287 | 2011-2012 | Regular Session | Chaptered
Bill Title: Extend Small Business Center Incubator Period
Spectrum: Partisan Bill (Republican 1-0)
Status: (Passed) 2011-06-27 - Ch. SL 2011-331 [S287 Detail]
Download: North_Carolina-2011-S287-Chaptered.html
GENERAL ASSEMBLY OF NORTH CAROLINA
SESSION 2011
SESSION LAW 2011-331
SENATE BILL 287
AN ACT to amend the umstead act to extend the period of time for which community college small business incubators can offer services to new business ventures.
The General Assembly of North Carolina enacts:
SECTION 1. G.S. 66‑58(c)(3a) reads as rewritten:
"(c) The provisions of subsection (a) shall not prohibit:
…
(3a) The use of community college personnel or facilities, with the consent of the trustees of that college, in support of or by a private business enterprise located on a community college campus or in the service area of a community college for one or more of the following specific services in support of economic development:
a. Small business
incubators. – As used in this sub‑subdivision, the term "small
business incubators" means sites for new business ventures in the service
area of the community college that are in need of the support and assistance
provided by the college; and, without which, the likelihood of success of the
business would be greatly diminished. The services of the small business
incubator shall not extend to any such new business venture for a period of
more than 24 48 months.
b. Product testing services.
c. Videoconferencing services provided to the public for occasional use."
SECTION 2. This act is effective when it becomes law.
In the General Assembly read three times and ratified this the 17th day of June, 2011.
s/ Walter H. Dalton
President of the Senate
s/ Thom Tillis
Speaker of the House of Representatives
s/ Beverly E. Perdue
Governor
Approved 11:29 a.m. this 27th day of June, 2011
