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NC S597

Bill

Status

Introduced

4/3/2019

Primary Sponsor

Charles Edwards

Click for details

Origin

Senate

2019-2020 Session

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