Bill Summary for H 1224 (2013-2014)
Summary date:
Bill Information:
| View NCGA Bill Details | 2013-2014 Session |
A BILL TO BE ENTITLED AN ACT TO LIMIT THE TOTAL LOCAL GOVERNMENT SALES AND USE TAX RATE TO TWO AND ONE‑HALF PERCENT; TO GIVE COUNTIES THE FLEXIBILITY TO USE UP TO ONE‑HALF PERCENT OF THE LOCAL SALES AND USE TAX FOR PUBLIC TRANSPORTATION, FOR PUBLIC EDUCATION, FOR GENERAL PURPOSES, OR FOR A COMBINATION THEREOF; AND TO MAKE VARIOUS CHANGES TO TAX AND ECONOMIC DEVELOPMENT LAWS.Intro. by Presnell.
| View: All Summaries for Bill | Tracking: |
Bill summary
Senate amendment #4 makes the following changes to the 3rd edition, as amended.
Further amends GS 143B-437.52(a), effective July 1, 2015, to delete the provision in the grant agreement conditions that allowed the Economic Investment Committee to disregard the Job Catalyst Fund award in determining whether a grant is appropriate for the project if the total costs of the project to the State outweigh the benefits as a result of an award from the Job Catalyst Fund.
Makes a clarifying change to the required wage standard for grants from the Job Catalyst Fund in GS 143B-437.67(a)(5).
Makes technical changes.
© 2021 School of Government The University of North Carolina at Chapel Hill
This work is copyrighted and subject to "fair use" as permitted by federal copyright law. No portion of this publication may be reproduced or transmitted in any form or by any means without the express written permission of the publisher. Distribution by third parties is prohibited. Prohibited distribution includes, but is not limited to, posting, e-mailing, faxing, archiving in a public database, installing on intranets or servers, and redistributing via a computer network or in printed form. Unauthorized use or reproduction may result in legal action against the unauthorized user.