Bill Summary for S 848 (2019-2020)

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Summary date: 

Jun 19 2020

Bill Information:

View NCGA Bill Details2019-2020 Session
Senate Bill 848 (Public) Filed Tuesday, May 26, 2020
AN ACT TO PROVIDE ECONOMIC SUPPORT TO BUSINESSES FOR JOB RETENTION, RECRUITMENT, AND REPATRIATION DURING AND AFTER THE COVID-19 3 PANDEMIC.
Intro. by Newton, Hise, Tillman.

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Bill summary

Senate amendment to the 3rd edition makes the following changes. 

Modifies eligibility under the job investment grant program established in the act to exclude businesses and nonprofits that participated in the NC Rapid Recovery Loan Program provided under SL 2020-4 (2020 COVID-19 Recovery Act).