Directs the Department of Commerce to provide grants-in-aid to the Town of Pembroke to assist in the implementation of the Innovate NC initiative, which may be used for eight listed purposes, including assisting residents in repair and retrofitting of housing damaged by Hurricane Matthew flooding.
Appropriates $195,000 in nonrecurring funds for 2017-18 and $160,000 in recurring funds for 2018-19 from the General Fund to the Department of Commerce to be allocated to the Town of Pembroke as described above.
Directs the Department of Commerce and the Town of Pembroke to report on the Innovate NC initiative on or before April 1 of each year, including use of funds, number of residents assisted, and recommendations on improving the initiative.
Effective July 1, 2017.
INNOVATE NC INITIATIVE.
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| View NCGA Bill Details | 2017-2018 Session |
AN ACT TO PROVIDE FUNDING FOR THE INNOVATE NC PROGRAM TO ASSIST THE ECONOMIC DEVELOPMENT EFFORTS OF THE TOWN OF PEMBROKE.Intro. by Britt.
Status: Ref To Com On Rules and Operations of the Senate (Senate Action) (Mar 27 2017)
Bill History:
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Thu, 23 Mar 2017 Senate: Filed
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Mon, 27 Mar 2017 Senate: Passed 1st Reading
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Mon, 27 Mar 2017 Senate: Ref To Com On Rules and Operations of the Senate
S 386
Bill Summaries:
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Bill S 386 (2017-2018)Summary date: Mar 23 2017 - View Summary
View: All Summaries for Bill