1999 Session

Budget Amendments - SB800 (Conference Report)

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Incentive Study (language only)

Item 94 #3c

Item 94 #3c

Commerce And Trade
Virginia Economic Development Partnership

Page 79, after line 27, insert:
"U. The Virginia Economic Development Partnership shall study the use of incentives and tax credits in North Carolina.  This study shall examine the methods used to effect incentives and tax credits based on the wealth of a region or locality.  In conducting the study, the Partnership shall examine North Carolina's "William S. Lee Quality Jobs and Business and Expansion Act."  The Partnership shall submit its study findings in a report to the Governor and General Assembly by October 1, 1999.".

(This amendment is self-explanatory.)