A BILL TO BE ENTITLED
AN ACT AUTHORIZing new hanover COUNTY TO PROVIDE DEVELOPMENT incentives IN EXCHANGE FOR REDUCTIONs IN ENERGY CONSUMPTION.
The General Assembly of North Carolina enacts:
SECTION 1. G.S. 160A‑383.4 reads as rewritten:
"§ 160A‑383.4.  Local energy efficiency incentives.
(a)	Land‑Use Development Incentives. – Counties and municipalities, for the purpose of reducing the amount of energy consumption by new development, and thereby promoting the public health, safety, and welfare, may adopt ordinances to grant a density bonus, make adjustments to otherwise applicable development requirements, or provide other incentives to a developer or builder within the county or municipality and its extraterritorial planning jurisdiction if the developer or builder agrees to construct new development or reconstruct existing development in a manner that the county or municipality determines, based on generally recognized standards established for such purposes, makes a significant contribution to the reduction of energy consumption.
(b)	Applicability. – This section applies only to the Counties of Cabarrus and New Hanover, to the Cities of Asheville, Charlotte, Concord, Durham, Kannapolis, Locust, and Wilmington, and to the Towns of Carrboro, Cary, Chapel Hill, Harrisburg, Midland, Mount Pleasant, and Stanfield."
SECTION 2.  This act is effective when it becomes law.