Bill Summary for H 791 (2013-2014)
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Bill: INCENTIVES STUDY BILL.
Summary date:
Apr 12 2013
Bill Information:
| View NCGA Bill Details | 2013-2014 Session |
A BILL TO BE ENTITLED AN ACT TO REQUIRE THE JOINT LEGISLATIVE ECONOMIC DEVELOPMENT AND GLOBAL ENGAGEMENT OVERSIGHT COMMISSION TO COMPREHENSIVELY EVALUATE INCENTIVES OFFERED FOR ECONOMIC DEVELOPMENT PURPOSES.Intro. by Catlin, Hager, Millis, Wells.
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Bill summary
Requires the Joint Legislative Economic Development and Global Engagement Oversight Committee to study incentives offered by state and local units of government for purposes of evaluating the cost, need, benefit, and efficacy of the offered incentives. Lists issues to be examined in the study. Requires a report to the 2013 General Assembly when it reconvenes in 2014.