Bill Text: NC S820 | 2017-2018 | Regular Session | Introduced
Bill Title: High-Pay JDIG Job Cap Modification
Spectrum: Partisan Bill (Republican 3-0)
Status: (Passed) 2018-12-03 - Ch. SL 2018-137 [S820 Detail]
Download: North_Carolina-2017-S820-Introduced.html
GENERAL ASSEMBLY OF NORTH CAROLINA
SESSION 2017
S D
SENATE BILL DRS45590-MC-241Z
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Short Title: High-Pay JDIG Job Cap Modification. |
(Public) |
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Sponsors: |
Senators Tillman, Newton, and Alexander (Primary Sponsors). |
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Referred to: |
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A BILL TO BE ENTITLED
AN ACT to modify the per job cap for purposes of CERTAIN job development incentive grant awards.
The General Assembly of North Carolina enacts:
SECTION 1. G.S. 143B‑437.56(f) reads as rewritten:
"(f) For projects other
than transformative projects, the amount of a grant associated with any
specific eligible position, including any amount transferred to the Utility
Account pursuant to G.S. 143B‑437.61, may not exceed six thousand
five hundred dollars ($6,500)sixteen thousand dollars ($16,000) in
any year."
SECTION 2. G.S. 143B‑437.57(a)(23) reads as rewritten:
"(23) For projects other
than transformative projects, a provision stating that the amount of a grant
associated with any specific eligible position, including any amount
transferred to the Utility Account pursuant to G.S. 143B‑437.61, may
not exceed six thousand five hundred dollars ($6,500) the limitation
contained in subdivision (f) of G.S. 143B‑437.56 in any year."
SECTION 3. This act is effective when it becomes law and applies to awards granted on or after that date.
