Bill Summaries: S 297 WINSTON-SALEM/LOCAL DEVELOPMENT.

Tracking:
  • Summary date: Jun 27 2013 - More information

    House committee substitute to the 2nd edition makes a technical correction.


  • Summary date: May 15 2013 - More information

    Senate amendment makes the following change to the 1st edition:

    Revises GS 158A-7.1(c1) to require the city to establish minority and woman business participation goals for economic development activities authorized under that section and to require recipients of city economic development funds to make a good faith effort to comply with these goals.


  • Summary date: Mar 13 2013 - More information

    Amends GS 158-7.1 to allow Winston-Salem to undertake any of the seven economic development activities listed in (b) without complying with the public contracts provisions in Article 8 of GS Chapter 143 if the activity takes place in an economically distressed area and the funds provided by the city do not exceed 50% of the total cost. Defines economically distressed area as an area in which, according to the most recent available data from the US Bureau of Census, 40% or more of the residents have an annual income that is at or below the poverty level. Expires July 1, 2018.


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