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(link is external) | 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(link is external)
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Thu, 26 Mar 2015 Senate: Passed 1st Reading(link is external)
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Mon, 30 Mar 2015 Senate: Withdrawn From Com(link is external)
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Tue, 21 Apr 2015 Senate: Reptd Fav(link is external)
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Tue, 21 Apr 2015 Senate: Re-ref Com On Finance(link is external)
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Tue, 28 Apr 2015 Senate: Reptd Fav(link is external)
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Wed, 29 Apr 2015 Senate: Passed 2nd Reading(link is external)
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Wed, 29 Apr 2015 Senate: Passed 3rd Reading(link is external)
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Thu, 30 Apr 2015 Senate: Regular Message Sent To House(link is external)
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Thu, 30 Apr 2015 House: Regular Message Received From Senate(link is external)
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Thu, 30 Apr 2015 House: Passed 1st Reading(link is external)
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Tue, 22 Sep 2015 House: Reptd Fav(link is external)
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Tue, 22 Sep 2015 House: Cal Pursuant Rule 36(b)(link is external)
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Tue, 22 Sep 2015 House: Added to Calendar(link is external)
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Tue, 22 Sep 2015 House: Passed 2nd Reading(link is external)
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Tue, 22 Sep 2015 House: Passed 3rd Reading(link is external)
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Tue, 22 Sep 2015 House: Ordered Enrolled(link is external)
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Wed, 23 Sep 2015 Ratified(link is external)
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Thu, 24 Sep 2015 Pres. To Gov. 09/24/2015(link is external)
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Tue, 20 Oct 2015 Signed by Gov. 10/20/2015(link is external)
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Tue, 20 Oct 2015 Ch. SL 2015-277(link is external)
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....