Bill Summary for S 466 (2019-2020)
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| View NCGA Bill Details | 2019-2020 Session |
AN ACT TO MODIFY CERTAIN PROVISIONS CONCERNING THE ECONOMIC DEVELOPMENT PARTNERSHIP OF NORTH CAROLINA.Intro. by B. Jackson, Gunn, Edwards.
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Bill summary
Senate committee substitute to the 1st edition makes the following changes.
Further amends GS 143B-431.01(b) to allow the Department of Commerce (Department) to contract with a North Carolina nonprofit corporation regarding the administration of the State Trade and Export Promotion Program and the Manufacturing Extension Program (currently, prohibits contracting for the administration of funds or grants received from the federal government or its agencies).
Modifies and adds to the proposed changes to GS 143-431.01(d), which sets forth conditions which must be satisfied prior to the Department contracting with a nonprofit corporation and in order for the nonprofit to receive State funds. Adds to the NCGA committees to which the Department is required to submit a contract or amendment and explanation thereof 45 days prior to entering into or amending a contract under the statute. Concerning the nonprofit governing board requirements, as amended, deletes the proposed prohibition against the Secretary of Commerce engaging in fund-raising activities by or on behalf of the nonprofit corporation, and instead modifies subsection (i) to prohibit any State officer from soliciting funds for a nonprofit corporation which contracts with the Department under the statute (previously excepted the Secretary of Commerce).
Modifies the proposed changes to GS 143B-431.01(e)(10) to specify that the Department is required to provide notice of intent to renew the contract at least five months prior to the expiration of the remaining term of the contract, and a notice of intent to renew the contract for a subsequent renewal no less than one year prior to the expiration of the remaining term of the contract, including any term of extension. Eliminates the proposed mandate for the Department to renew a contract for which proper notice is given within 30 days. Makes conforming changes.
Eliminates the directive for the Department to report to the specified NCGA committee chairs by June 1, 2019.
Makes further technical and clarifying changes.