Bill Summary for H 207 (2011-2012)

Printer-friendly: Click to view

Summary date: 

May 5 2011

Bill Information:

View NCGA Bill Details2011-2012 Session
House Bill 207 (Local) Filed Wednesday, March 2, 2011
TO AUTHORIZE CERTAIN CHANGES TO LOCAL DEVELOPMENT FOR THE CITY OF WINSTON-SALEM.
Intro. by McGee

View: All Summaries for BillTracking:

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.