Bill Summary for H 890 (2015-2016)

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Summary date: 

Apr 20 2015

Bill Information:

View NCGA Bill Details2015-2016 Session
House Bill 890 (Public) Filed Tuesday, April 14, 2015
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.