Amends GS 143B-435.1 to require the Department of Commerce to report, in addition to clawbacks triggered under the specified economic development funds, on steps that have been taken to obtain repayments. Expands on the items that must be included in the report to also include the location of the project with which the economic development incentive is associated, the date the economic development incentive was awarded, and the date that the clawback was triggered. Applies to reports submitted on or after the date the act becomes law.
MODIFY CLAWBACK REPORTINGS.
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View NCGA Bill Details | 2015-2016 Session |
AN ACT TO MODIFY THE REQUIREMENTS APPLICABLE TO CLAWBACK REPORTING.Intro. by L. Hall.
Status: Ref To Com On Finance (House Action) (Apr 15 2015)
Bill History:
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Tue, 14 Apr 2015 House: Filed
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Wed, 15 Apr 2015 House: Passed 1st Reading
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Wed, 15 Apr 2015 House: Ref To Com On Finance
H 786
Bill Summaries:
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Bill H 786 (2015-2016)Summary date: Apr 16 2015 - View Summary
View: All Summaries for Bill