Bill Summary for H 108 (2015-2016)
Printer-friendly: Click to view
Summary date:
Bill Information:
| View NCGA Bill Details | 2015-2016 Session |
AN ACT TO CREATE A FUND TO PROVIDE LOANS TO LOCAL GOVERNMENT UNITS FOR THE DEVELOPMENT OF SITES AND BUILDINGS.Intro. by Stam, Jeter, Waddell, S. Martin.
| View: All Summaries for Bill | Tracking: |
Bill summary
House committee substitute makes the following changes to the 1st edition.
Deletes language in GS 143B-437.021 which exempted the required contracts with entities experienced in site selection services for business and business recruitment purposes from the provisions of GS Chapter 143, Article 3 or 3C.
Deletes provision which provided that the loans from the Fund are not subject to review and approval by the Local Government Commission under Article 8 of GS Chapter 159. Also deletes language providing for appropriations in the amount of $400,000 for the 2015-16 fiscal year from the General Fund to the Site and Building Development Fund and $600,000 from the General Fund to the Department of Commerce for fiscal year 2015-16 to be used to further assess state-owned buildings.
Adds language that provides that the act does not obligate the General Assembly to appropriate funds to implement any of the provisions included.