Appropriates $51 million from the General Fund to Hertford County for 2025-26 and allows the county to allocate those funds to the Hertford County Rural Development Authority (RDA). Directs the RDA to use the funds as follows: (1) $40 million to construct a public industrial dock and barge at the future "Hertford County River Industrial Park" at the described address named the Flowers site and (2) $11 million for road construction at the Flowers site. Specifies that the appropriated funds do not revert at the end of the fiscal year but remain available for expenditure until the earlier of either the date the funds are spent or June 30, 2027. Effective July 1, 2025.
HERTFORD COUNTY ECONOMIC DEVELOPMENT.
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View NCGA Bill Details(link is external) | 2025-2026 Session |
AN ACT TO APPROPRIATE MONEY TO HERTFORD COUNTY FOR ECONOMIC DEVELOPMENT.Intro. by Hanig.
Status: Re-ref Com On Appropriations/Base Budget (Senate action) (Apr 1 2025)
Bill History:
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Thu, 30 Jan 2025 Senate: Filed(link is external)
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Mon, 3 Feb 2025 Senate: Passed 1st Reading(link is external)
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Tue, 1 Apr 2025 Senate: Withdrawn From Com(link is external)
S 38
Bill Summaries:
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Bill S 38 (2025-2026)Summary date: Jan 30 2025 - View Summary
View: All Summaries for Bill