AN ACT TO EXPAND THE JOB MAINTENANCE AND CAPITAL DEVELOPMENT FUND TO INCLUDE HERITAGE MANUFACTURING PROJECTS.
Senate committee substitute to the 1st edition makes the following changes.
Modifies the proposed changes to GS 143B-437.012 regarding the Job Maintenance and Capital Development Fund (Fund) to require each grant agreement for a business which is not a major employer under subdivision (d)(1) to contain a provision requiring the business to maintain the employment level required under that subdivision at the project that is the subject of the grant (previously proposed changes to subsection (j) specified grant agreements for major employers).
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