Bill Summary for S 606 (2017-2018)

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Summary date: 

Apr 4 2017

Bill Information:

View NCGA Bill Details2017-2018 Session
Senate Bill 606 (Public) Filed Tuesday, April 4, 2017
AN ACT TO MODIFY THE CONTRACTUAL REQUIREMENTS OF THE ECONOMIC DEVELOPMENT PARTNERSHIP OF NORTH CAROLINA FOR ONE YEAR.
Intro. by Tucker.

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Bill summary

Directs the Secretary (probably intends the Secretary of Commerce) to enter into negotiations with the Economic Development Partnership of North Carolina to amend the contract with the Partnership to reduce to $750,000 the amount the Partnership must fund-raise for the fund-raising year in effect as of the effective date of this act.