Bill Summary for H 1031 (2013-2014)

Summary date: 

Jun 5 2014

Bill Information:

View NCGA Bill Details2013-2014 Session
House Bill 1031 (Public) Filed Wednesday, May 14, 2014
A BILL TO BE ENTITLED AN ACT TO FACILITATE ECONOMIC DEVELOPMENT WITHIN THE STATE.
Intro. by Murry.

View: All Summaries for BillTracking:

Bill summary

House amendments make the following changes to the 2nd edition:

Amendment # 1

Makes technical changes and corrects statutory references.

Clarifies that the Department of Commerce, DENR, DOT, the Community Colleges System Office, and the State Board of Education (previously, did not specify agencies) must report by January 1, 2015, regarding the establishment of Collaboration for Prosperity Zones, to the Senate Appropriations/Base Budget Committee and the House Appropriations Committee 

Amendment # 2

Adds new mandatory contract term, which must be included in any contract entered into under GS 143B-431A, concerning public-private partnerships, requiring entities that receive gifts, contributions, items, or services for which fair market value exceeds $1,000 and fair market value was not paid, to publish within seven days of receiving the item, the entity it came from, the fair market value and a description of the item, along with the date and amount of any award previously given to the entity.

Amendment # 3

Makes a technical change to proposed GS 143B-431A(e)(5).

Amendment # 4

Amends GS 143B-431A(e)(11), a mandatory contract term concerning severance pay of the CEO or other officers of the nonprofit, clarifying that no state funds can be used for severance pay and further provides limitations for severance pay even from funds that are not state funds.

Amendment # 8

Amends GS 143B-431A(e)(4), deleting language that referred to the establishment of a code of ethics as part of a mandatory contract term. Deletes set out requirements that the code of ethics must address. Amends GS 143B-431A(h) concerning applicable laws, establishing that officers, employees, and members of the nonprofit are public servants and are subject to  all the requirements of the State Ethics Act. Further provides that all officers, members of the board, and employees whose annual compensation is equal to or greater than $60,000 are subject to GS 138A-22, regarding statements of economic interest.

Amendment #9

Amends GS 143B-431A(d)(3) to remove members of the governing board of the nonprofit from the provision concerning the amount of state funds that may be used for compensation. Provides that they can receive per diem and other allowances pursuant to GS 138-5.

© 2021 School of Government The University of North Carolina at Chapel Hill

This work is copyrighted and subject to "fair use" as permitted by federal copyright law. No portion of this publication may be reproduced or transmitted in any form or by any means without the express written permission of the publisher. Distribution by third parties is prohibited. Prohibited distribution includes, but is not limited to, posting, e-mailing, faxing, archiving in a public database, installing on intranets or servers, and redistributing via a computer network or in printed form. Unauthorized use or reproduction may result in legal action against the unauthorized user.

Printer-friendly: Click to view