Bill Summary for S 493 (2021-2022)

Printer-friendly: Click to view

Summary date: 

Apr 27 2021

Bill Information:

View NCGA Bill Details2021
Senate Bill 493 (Public) Filed Thursday, April 1, 2021
AN ACT TO MODIFY MULTILOCATION PROJECT ENHANCEMENT FOR THE JOB DEVELOPMENT INVESTMENT GRANT PROGRAM; AND TO REPEAL A PROVISION CONCERNING CONFESSION OF JUDGMENT.
Intro. by Newton, Craven.

View: All Summaries for BillTracking:

Bill summary

Senate amendment makes the following changes to the 1st edition. 

Revises the proposed additions to GS 143B-437.56A, now mandating a 20% rather than a 10% increase of the annual grant approved for disbursement payable to a qualifying business under the Job Development Incentive Grant (JDIG) Program, subject to the previously specified qualifications.