Bill Summary for H 207 (2011-2012)
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Summary date:
May 5 2011
S.L. 2011-131
Bill Information:
View NCGA Bill Details(link is external) | 2011-2012 Session |
TO AUTHORIZE CERTAIN CHANGES TO LOCAL DEVELOPMENT FOR THE CITY OF WINSTON-SALEM.Intro. by McGee
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Bill summary
House committee substitute makes the following changes to 1st edition. Removes previous amendments to GS 158-7.1(c) which (1) provided that specific economic development projects authorized by Winston-Salem under GS 158-7.1 are not subject to Article 8 of GS Chapter 143 (public contract requirements) if city funds constitute no more than 50% of the total costs of the project for which funds are appropriated and (2) specified that federal funds loaned to private developers in connection with a project are not city funds.