Bill Summary for S 820 (2017-2018)

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Bill: HIGH-PAY JDIG JOB CAP MODIFICATION.

Summary date: 

Nov 27 2018
S.L. 2018-137

Bill Information:

View NCGA Bill Details2017-2018 Session
Senate Bill 820 (Public) Filed Tuesday, November 27, 2018
AN ACT TO MODIFY THE PER JOB CAP FOR PURPOSES OF CERTAIN JOB DEVELOPMENT INCENTIVE GRANT AWARDS.
Intro. by Tillman, Newton, Alexander.

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Bill summary

Amends GS 143B-437.56 regarding the Job Development Incentive Grant Program, increasing the maximum allowable grant associated with any specific eligible position for projects other than transformational projects, from $6,500 to $16,000 per year. Makes conforming changes to GS 143B-437.57(a)(23) concerning the inclusion of a provision stating the limitation of GS 143B-437.56(f) in community economic development agreements.