State-Sponsored Economic Development Modifications

Womble Bond Dickinson
Contact

Senator Harry Brown and Representative Tom Murry have introduced the long-awaited modifications to the state's economic development plan and partnerships.  The bill moves many of the formerly Department of Commerce and Regional Partnerships functions to a contracted private nonprofit.  It also repeals NC's Economic Development Board and allows the Secretary to delegate her strategic economic development planning.  This is a sea-change for how the state has managed economic development over the past decade or more and we expect a lot of discussion and debate.  HB 1031 can be viewed here: http://www.ncleg.net/Sessions/2013/Bills/House/PDF/H1031v1.pdf
 

 

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Womble Bond Dickinson | Attorney Advertising

Written by:

Womble Bond Dickinson
Contact
more
less

PUBLISH YOUR CONTENT ON JD SUPRA NOW

  • Increased visibility
  • Actionable analytics
  • Ongoing guidance

Womble Bond Dickinson on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide