The NCLBC shall exercise unified political power for the betterment of people of color and consequently, all North Carolinians.

Thursday Wrap: Transformative ain’t what it used to be

May 18th, 2018

— Turns out a company might not have to be as “transformative” to get incentives to set up shop or expand in North Carolina.

With word swirling that Apple has targeted the Triangle for a major campus, legislative leaders rolled out changes to the state’s incentives program, dropping the jobs and capital investment thresholds to qualify as a “transformative project” and receive juiced-up rebates of employee withholding taxes.

Senate President Pro Tem Phil Berger said the changes aren’t geared to a specific company.

The House and the Senate also rolled out compromise legislation to address GenX water contamination after failing to agree on funding to address it during a January special session. The proposal would send more money to an organization at the University of North Carolina at Chapel Hill than to the state Department of Environmental Quality, calls for the governor to shut down any business that continues to pollute and would require businesses to report all chemicals being discharged into waterways.

Other bills filed Thursday include one to encourage principals to work at lower-performing schools, as well as school safety proposals.

Article source:

Back to News »