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NC S591

Bill

Official Source

Status

Introduced

4/3/2019

Primary Sponsor

Richard Gunn

Click for details

Origin

Senate

2019-2020 Session

AI Summary

  • Appropriates $5,000,000 in recurring funds for fiscal year 2019-2020 to the One North Carolina Small Business Account for the SBIR/STTR Incentive Program and SBIR/STTR Matching Funds Program.

  • Creates the Community Innovation Fund as a special reserve fund in the Department of Commerce to award competitive grants to rural, small-, and medium-sized communities transitioning to knowledge- and innovation-based economies.

  • Appropriates $5,000,000 in nonrecurring funds for fiscal year 2019-2020 to the newly created Community Innovation Fund.

  • Becomes effective July 1, 2019.

Legislative Description

One NC Funding for Small Businesses

Last Action

Re-ref to Appropriations/Base Budget. If fav, re-ref to Rules and Operations of the Senate

4/4/2019

Committee Referrals

Rules and Operations of the Senate4/4/2019

Full Bill Text

No bill text available