Bill Summary for H 431 (2013-2014)

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Summary date: 

Mar 26 2013

Bill Information:

View NCGA Bill Details2013-2014 Session
House Bill 431 (Public) Filed Tuesday, March 26, 2013
A BILL TO BE ENTITLED AN ACT PROVIDING THAT THE DEPARTMENT OF COMMERCE SHALL ALLOCATE FUNDS DIRECTLY TO ANSON COUNTY FOR ECONOMIC DEVELOPMENT PROJECTS.
Intro. by Brody.

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Bill summary

Directs the Department of Commerce (Department) to allocate Anson County's share of the funds appropriated for the 2013-15 bienniumfrom the General Fund to the Department for allocation to the Charlotte Regional Partnership (Partnership), a regional economic development commission, directly to Anson County instead of to the Partnership. Directs Anson County to maintain the allocated funds in a separate account from other county funds and to use the funds only for economic development projects. Effective July 1, 2013.