Directs the Department of Commerce (Department) to provide outreach and education to business owners on employee equity ownership plans, and technical assistance to business owners to understand the feasibility of implementing these plans. Appropriates $50,000 from the General Fund to the Department each year of the 2023-25 fiscal biennium for these purposes. Permits the Department to work with any relevant nonprofits to achieve these purposes. Effective July 1, 2023.
EMPLOYEE EQUITY OWNERSHIP PLAN ASSISTANCE.
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| View NCGA Bill Details | 2023-2024 Session |
AN ACT TO APPROPRIATE FUNDS FOR THE OUTREACH, EDUCATION, TECHNICAL ASSISTANCE, AND PROMOTION OF EMPLOYEE EQUITY OWNERSHIP PLANS BY BUSINESS OWNERS IN THE STATE.Intro. by Chaudhuri.
Status: Re-ref to Appropriations/Base Budget. If fav, re-ref to Rules and Operations of the Senate (Senate action) (Apr 3 2023)
Bill History:
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Thu, 30 Mar 2023 Senate: Filed
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Mon, 3 Apr 2023 Senate: Passed 1st Reading
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Mon, 3 Apr 2023 Senate: Ref To Com On Rules and Operations of the Senate
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Mon, 3 Apr 2023 Senate: Withdrawn From Com
S 456
Bill Summaries:
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Bill S 456 (2023-2024)Summary date: Mar 30 2023 - View Summary
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