GENERAL ASSEMBLY OF NORTH CAROLINA
SESSION 2001
H	1
HOUSE BILL 991
     

 
Short Title:	Bill Lee Act Study.	()	
Sponsors:	Representatives Tucker;  Barefoot, Cunningham, Easterling, Haire, Luebke, McLawhorn, Russell, Smith, Underhill, Wainwright, Walend, Warren, and Weiss.	
Referred to:	Rules, Calendar, and Operations of the House.	
April 5, 2001

A BILL TO BE ENTITLED
AN ACT TO authorize THE legislative research commission TO study issue regarding the equity and impact OF THE WILLIAM S. LEE QUALITY JOBS AND BUSINESS EXPANSION ACT.

The General Assembly of North Carolina enacts:
SECTION 1.  The Legislative Research Commission may study the impact and equity of the William S. Lee Quality Jobs and Business Expansion Act.  This study shall include the following:
(1)	Reexamining the formula in G.S. 105‑129.3(b) used to define enterprise tiers, including consideration of alternative measures of designating tiers for more equitable treatment of counties in similar economic circumstances.
(2)	Considering whether the assignment of tiers and the applicable thresholds are equitable for smaller counties.
(3)	Compiling any available data on whether expanding North Carolina businesses receive fewer benefits than out‑of‑state businesses that locate to North Carolina.
(4)	Study of the distribution of tax incentives across new and expanding industries and among counties.
(5)	Examination of data on economic recruitment for the period 1994 through the present by county, by industry type, by size of investment, and by number of jobs, and other relevant information to determine the pattern of business locations and expansions before and after the enactment of the William S. Lee Act incentives.
(6)	Measuring the direct costs and benefits of the tax incentives.
(7)	Compiling available information on the current use of incentives by other states and whether that use is increasing or declining.
SECTION 2.  The Legislative Research Commission may make an interim report to the 2001 General Assembly, Regular Session 2002, and shall make a final report to the 2003 General Assembly upon its convening.  The reports may include proposed legislation to carry out the recommendations of the study.
SECTION 3.  This act is effective when it becomes law.