North Carolina § 143B-437 - 53. Eligible projects.

Full text of North Carolina North Carolina General Statutes § 143B-437 — 53. Eligible projects., with citation guidance and answers to common questions.

§ 143B-437. 53. Eligible projects.

Minimum Number of Eligible Positions. - A business may apply to the Committee for a grant for any project that creates the minimum number of eligible positions as follows: Ineligible Businesses. - A project that consists solely of retail facilities is not eligible for a grant under this Part. If a project consists of both retail facilities and nonretail facilities, only the portion of the project consisting of nonretail facilities is eligible for a grant, and only the withholdings from employees in eligible positions that are employed exclusively in the portion of the project that represents nonretail facilities may be used to determine the amount of the grant. If a warehouse facility is part of a retail facility and supplies only that retail facility, the warehouse facility is not eligible for a grant. For the purposes of this Part, catalog distribution centers are not retail facilities. Health Insurance. - A business is eligible for a grant under this Part only if the business provides health insurance for all of the applicable full-time employees of the project with respect to which the grant is made. For the purposes of this subsection, an applicable full-time employee is one who earns from the business less than one hundred fifty thousand dollars ($150,000) in taxable compensation on an annualized basis or three and one-half times the annualized average State wage for all insured private employers in the State employing between 250 and 1,000 employees, whichever is greater. For the purposes of this subsection, a business provides health insurance if it pays at least fifty percent (50%) of the premiums for health care coverage that equals or exceeds the minimum provisions of the basic health care plan of coverage recommended by the Small Employer Carrier Committee pursuant to G.S. 58-50-125. Repealed by Session Laws 2003-435, 2nd Ex. Sess., s. 2.3, effective December 16, 2003. Safety and Health Programs. - In order for a business to be eligible for a grant under this Part, the business must have no citations under the Occupational Safety and Health Act that have become a final order within the past three years for willful serious violations or for failing to abate serious violations with respect to the location for which the grant is made. For the purposes of this subsection, "serious violation" has the same meaning as in G.S. 95-127. Development Tier Area Number of Eligible Positions Tier One 10 Tier Two 20 Tier Three 50 A project that consists of a professional or semiprofessional sports team or club, other than a professional motorsports racing team, is not eligible for a grant under this Part. Each year that a business receives a grant under this Part, the business must provide with the submission required under G.S. 143B-437.58 a certification that the business continues to provide health insurance, as required by this subsection, for all applicable full-time employees of the project with respect to which the grant is made. If the business ceases to provide the required health insurance, the Committee shall amend or terminate the agreement as provided in G.S. 143B-437.59. History (2002-172, s. 2.1(a); 2003-416, s. 2; 2003-435, Ex. Sess., s. 2.3; 2005-241, s. 5; 2006-168, s. 1.3; 2006-252, s. 2.7; 2015-259, s. 1(c); 2015-264, s. 91(a); 2016-94, s. 15.7(a).) Editor's Note. - Session Laws 2015-259, s. 1(j), as amended by Session Laws 2015-264, s. 91(a), made the amendment by Session Laws 2015-259, s. 1(c), effective October 1, 2015, and applicable to awards made under Part 2G of Article 10 of Chapter 143B of the General Statutes on or after that date. Session Laws 2016-94, s. 15.7(c), made the amendment to subsection (a) by Session Laws 2016-94, s. 15.7(a), applicable to awards made on or after January 1, 2017. Session Laws 2016-94, s. 1.2, provides: "This act shall be known as the 'Current Operations and Capital Improvements Appropriations Act of 2016.'" Session Laws 2016-94, s. 39.7, is a severability clause. Effect of Amendments. - Session Laws 2005-241, s. 5, effective July 29, 2005, in subsection (c), in the first paragraph, inserted "applicable" in the first sentence, and added the second sentence, and in the second paragraph, inserted "as required by this subsection" and "applicable" in the first sentence, and substituted "to provide the required health insurance" for "to provide health insurance to all full-time employees of the project with respect to which a grant is made" in the second sentence. Session Laws 2006-168, s. 1.3, effective July 27, 2006, inserted "other than a professional motorsports racing team," in the last sentence of subsection (b). Session Laws 2006-252, s. 2.7, effective January 1, 2007, in subsection (a), substituted "development tier" for "enterprise tier" two times in the second sentence, and rewrote the table. Session Laws 2015-259, s. 1(c), substituted "50" for "20" in the row "Tier Three" in the table in subsection (a). For effective date and applicability, see Editor's note. Session Laws 2016-94, s. 15.7(a), effective January 1, 2017, in subsection (a), substituted "follows" for "set out in the table below" and deleted the former last sentence, which read: "If the project will be located in more than one development tier area, the location with the highest development tier area designation determines the minimum number of eligible positions that must be created." See editor's note for applicability.

Frequently Asked Questions About North Carolina § 143B-437

What does North Carolina General Statutes § 143B-437 cover?

Section 143B-437 ("53. Eligible projects.") is part of the North Carolina General Statutes, the codified statutory law of North Carolina. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

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