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NC S597
Bill
Status
Introduced
4/3/2019
Primary Sponsor
Charles Edwards
Click for details
AI Summary
- Establishes a new five-tier enterprise tier system for economic distress designations that operates alongside the existing three-tier development tier system in North Carolina
- Enterprise tier one includes counties ranked among the 20 highest in the State; enterprise tier two includes counties ranked 21-40; enterprise tier three includes counties ranked 41-60; enterprise tier four includes counties ranked 61-80; enterprise tier five includes all remaining counties
- The Secretary of Commerce shall rank all counties annually according to their development factor and publish designations for both development tiers and enterprise tiers
- Both development tier and enterprise tier designations are effective only for the calendar year following the annual ranking
- The act becomes effective upon enactment
Legislative Description
Create an Additional 5 Tier System
Last Action
Ref To Com On 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