Bill Summary for H 890 (2015-2016)
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Bill: ATTRACT NAT'L HQS TO NC.
Summary date:
Apr 20 2015
Bill Information:
View NCGA Bill Details | 2015-2016 Session |
AN ACT TO MODIFY WHAT AREAS MAY RECEIVE GRANTS FROM THE UTILITY ACCOUNT.Intro. by Hanes, Jeter, R. Moore.
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Bill summary
Amends GS 143B-437.01 to allow the Industrial Development Fund Utility Account to provide funds to local governments in the most economically distressed areas (was, distressed counties) in the state. Amends the definition of economically distressed area (was, distressed county) to also include an urban progress zone or an agrarian growth zone.