AN ACT TO AUTHORIZE LOCAL GOVERNMENTS TO APPROPRIATE MONEY FOR HISTORIC REHABILITATION AND TO CLARIFY AND STANDARDIZE THE REQUIREMENTS FOR APPROPRIATING FUNDS FOR LOCAL ECONOMIC DEVELOPMENT. Enacted October 20, 2015. Effective October 20, 2015.
LOCAL INCENTIVES FOR HISTORIC REHABILITATION.
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View NCGA Bill Details | 2015-2016 Session |
AN ACT TO AUTHORIZE LOCAL GOVERNMENTS TO APPROPRIATE MONEY FOR HISTORIC REHABILITATION AND TO CLARIFY AND STANDARDIZE THE REQUIREMENTS FOR APPROPRIATING FUNDS FOR LOCAL ECONOMIC DEVELOPMENT.Intro. by Rucho, Brock.
Bill History:
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Wed, 25 Mar 2015 Senate: Filed
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Thu, 26 Mar 2015 Senate: Passed 1st Reading
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Thu, 26 Mar 2015 Senate: Ref To Com On Rules and Operations of the Senate
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Mon, 30 Mar 2015 Senate: Withdrawn From Com
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Tue, 21 Apr 2015 Senate: Reptd Fav
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Tue, 21 Apr 2015 Senate: Re-ref Com On Finance
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Tue, 28 Apr 2015 Senate: Reptd Fav
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Wed, 29 Apr 2015 Senate: Passed 2nd Reading
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Wed, 29 Apr 2015 Senate: Passed 3rd Reading
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Thu, 30 Apr 2015 Senate: Regular Message Sent To House
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Thu, 30 Apr 2015 House: Regular Message Received From Senate
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Thu, 30 Apr 2015 House: Passed 1st Reading
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Thu, 30 Apr 2015 House: Ref To Com On Rules, Calendar, and Operations of the House
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Tue, 22 Sep 2015 House: Reptd Fav
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Tue, 22 Sep 2015 House: Cal Pursuant Rule 36(b)
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Tue, 22 Sep 2015 House: Added to Calendar
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Tue, 22 Sep 2015 House: Passed 2nd Reading
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Tue, 22 Sep 2015 House: Passed 3rd Reading
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Tue, 22 Sep 2015 House: Ordered Enrolled
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Wed, 23 Sep 2015 Ratified
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Thu, 24 Sep 2015 Pres. To Gov. 09/24/2015
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Tue, 20 Oct 2015 Signed by Gov. 10/20/2015
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Tue, 20 Oct 2015 Ch. SL 2015-277
Bill Summaries:
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Bill S 472 (2015-2016)Summary date: Oct 26 2015 - View Summary
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Bill S 472 (2015-2016)Summary date: Mar 26 2015 - View Summary
Amends GS 158-7.1, providing that counties and cities are authorized to make appropriations for economic development purposes (previously, authorized to make appropriations for the aiding and encouraging of manufacturing enterprises, making industrial surveys, locating industrial and commercial plants, and encouraging the building of railroads). Establishes that such appropriations may also be determined by the governing body of the city or county commissioners to increase employment and industrial output (previously, determined in the discretion of the governing body or board that they will increase the population, taxable property, agricultural industries, and business prospects only of any city or county). Makes technical changes. Adds language to the list of permissible economic development activities that allows a city or county to make grants or loans for the rehabilitation of commercial or noncommercial historic structures, regardless of whether the structure is publicly or privately owned.
Makes technical changes.
See this blog post: Local Government Economic Development Powers “Clarified” at http://ced.sog.unc.edu/local-government-economic-development-powers-clar....