GENERAL ASSEMBLY OF NORTH CAROLINA

SESSION 1993

S	2 

SENATE BILL 184
Government Performance Audit Select Committee Substitute Adopted 5/4/93

Short Title:  GPAC/UNC Study Extension Economic Development.	(Public)
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Sponsors:
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Referred to:  
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February 17, 1993

A BILL TO BE ENTITLED
AN ACT TO IMPLEMENT A RECOMMENDATION OF THE GOVERNMENT PERFORMANCE AUDIT COMMITTEE TO DIRECT THE UNIVERSITY OF NORTH CAROLINA TO DETERMINE THE APPROPRIATE ECONOMIC DEVELOPMENT ROLE OF EXTENSION ACTIVITIES.
The General Assembly of North Carolina enacts:
Section 1.  G.S. 143B-434 reads as rewritten:
"§ 143B-434.  Economic Development Board – creation, duties, membership.
	(a)	Creation and Duties. – There is created within the Department of Commerce an Economic Development Board.   The Board shall have the following duties:
(1)	To provide economic and community development planning for the State.
(2)	To recommend economic development policy to the Secretary of Commerce, the General Assembly, and the Governor.  The recommendations may cover the following issues as well as any other economic development policy issues:
a.	Use of tax abatements and other incentives to motivate economic development.
b.	Definition of which specific activities and programs should be considered economic development activities and programs for the purpose of receiving State appropriations.
c.	The role of institutions of higher education in economic development.
d.	The use of State funds to leverage private nonprofit economic development initiatives.
e.	The linkage of workforce preparedness activities and initiatives, and economic development planning.
f.	The linkage of extension activities operated through the University system with the State's economic development initiatives.
(3)	To recommend annually to the Governor biennial and annual appropriations for economic development programs.
(4)	To develop and update annually a comprehensive strategic economic development plan, as provided in G.S. 143B-434.1.
		The Board shall meet at least quarterly at the call of its chair or the Secretary. Each quarter the Secretary shall report to the Board on the program and progress of this State's economic development."
Sec. 2. This act becomes effective July 1, 1993.