Bill Summary for S 491 (2021-2022)
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Summary date:
Apr 1 2021
Bill Information:
| View NCGA Bill Details | 2021 |
AN ACT TO DESIGN A FIVE-TIER ECONOMIC DISTRESS SYSTEM THAT MAY BE USED IN ADDITION TO THE CURRENT DEVELOPMENT TIER SYSTEM.Intro. by Edwards, Johnson.
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Bill summary
Amends GS 143B-437.08 by establishing five enterprise tiers, in addition in development tiers, in which an enterprise tier one area is a county whose annual ranking is one of the 20 highest in the State; an enterprise tier two area is a county whose annual ranking is between 21 and 40 in the State; an enterprise tier three area is a county whose annual ranking is between 41 and 60 in the State; an enterprise tier four area is a county whose annual ranking is between 61 and 80 in the State; and an enterprise tier five area is a county that is not in a lower-numbered enterprise tier. Requires the Secretary of Commerce to identify all of the areas of the state by development tier and enterprise tier.