North Carolina § 143B-437 - 62. Expiration.

§ 143B-437. 62. Expiration.

The authority of the Committee to award new grants expires January 1, 2030. History (2002-172, s. 2.1(a); 2003-416, s. 2; 2004-124, s. 32G.1(a); 2005-241, s. 3; 2006-168, s. 1.11; 2009-394, s. 6; 2015-259, s. 1(g); 2015-264, s. 91(a); 2017-57, s. 15.15(a); 2020-58, s. 7.4.) Editor's Note. - Session Laws 2004-124, s. 32G.1(h), provides: "It is the intent of the General Assembly that the benefits of a robust and growing economy be shared by all citizens of the State regardless of their geographic location or whether they live in urban, suburban, or rural areas. In striving for balanced economic development throughout the State, the General Assembly has designed a system to identify areas of the State that are most in need of additional economic development and has designed economic development programs to provide for relatively stronger incentives in those areas. In keeping with this policy of balanced economic development, the General Assembly strongly encourages the Department of Commerce and the Economic Investment Committee to give priority consideration under the Job Development Investment Grant program to projects that are located or will locate in less economically developed areas." Session Laws 2004-124, s. 1.2, provides: "This act shall be known as the 'Current Operations and Capital Improvements Appropriations Act of 2004'." Session Laws 2004-124, s. 33.5, is a severability clause. 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(g), 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 2017-57, s. 1.1, provides: "This act shall be known as the 'Current Operations Appropriations Act of 2017.'" Session Laws 2017-57, s. 39.6, is a severability clause. Effect of Amendments. - Session Laws 2004-124, s. 32G.1(a), effective July 20, 2004, rewrote the section; and rewrote the section heading, which formerly read "Authority." Session Laws 2005-241, s. 3, effective July 29, 2005, substituted "2008" for "2006." Session Laws 2006-168, s. 1.11, effective July 27, 2006, substituted "January 1, 2010" for "January 1, 2008" at the end of the section. Session Laws 2009-394, s. 6, effective July 31, 2009, substituted "award new grants expires January 1, 2016" for "enter into new agreements expires January 1, 2010". Session Laws 2015-259, s. 1(g), substituted "2019" for "2016" at the end of the sentence. For effective date and applicability, see Editor's note. Session Laws 2017-57, s. 15.15(a), effective June 28, 2017, substituted "January 1, 2021" for "January 1, 2019. Session Laws 2020-58, s. 7.4, effective June 30, 2020, substituted "January 1, 2030" for "January 1, 2021."