A BILL TO BE ENTITLED
AN ACT to modify the per job cap for purposes of CERTAIN job development incentive grant awards.
The General Assembly of North Carolina enacts:
SECTION 1.  G.S. 143B‑437.56(f) reads as rewritten:
"(f)	For projects other than transformative projects, the amount of a grant associated with any specific eligible position, including any amount transferred to the Utility Account pursuant to G.S. 143B‑437.61, may not exceed sixteen thousand dollars ($16,000) in any year."
SECTION 2.  G.S. 143B‑437.57(a)(23) reads as rewritten:
"(23)	For projects other than transformative projects, a provision stating that the amount of a grant associated with any specific eligible position, including any amount transferred to the Utility Account pursuant to G.S. 143B‑437.61, may not exceed the limitation contained in subdivision (f) of G.S. 143B‑437.56 in any year."
SECTION 3.  This act is effective when it becomes law and applies to awards granted on or after that date.