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NC H781

Bill

Status

Introduced

4/11/2017

Primary Sponsor

Susan Martin

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Origin

House of Representatives

2017-2018 Session

AI Summary

H 781 - JMAC Modifications

  • Adds a new eligibility category (1a) for businesses that previously received a major employer grant, allowing them to apply for additional grants if they invest another $200 million and maintain 2,000 employees at the same location.

  • Increases the maximum number of Job Maintenance and Capital Development Fund agreements from five to six.

  • Increases the total aggregate cost limit for all agreements under the program from $79 million to $139 million.

  • Maintains the existing $6 million annual cost limit per individual agreement.

Legislative Description

JMAC Modifications

Last Action

Ref To Com On Commerce and Job Development

4/13/2017

Committee Referrals

Commerce and Job Development4/13/2017

Full Bill Text

No bill text available