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NC H781
Bill
Status
Introduced
4/11/2017
Primary Sponsor
Susan Martin
Click for details
AI Summary
H 781 - JMAC Modifications
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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.
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Increases the maximum number of Job Maintenance and Capital Development Fund agreements from five to six.
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Increases the total aggregate cost limit for all agreements under the program from $79 million to $139 million.
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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