A BILL TO BE ENTITLED
AN ACT to clarify when the last report is due for the repealed lee act credits and to make technical changes concerning the tax credits for growing businesses.
The General Assembly of North Carolina enacts:
SECTION 1.  G.S. 105‑129.2A(d) reads as rewritten:
"(d)	Report. – The Department of Commerce shall report the results of these studies and its recommendations to the General Assembly biennially with the first report due by April 1, 2001, and the last report due by June 1, 2007."
SECTION 2.  G.S. 105‑129.2A(a) reads as rewritten:
"(a)	Sunset. – This Article is repealed effective for taxable years beginning on or after January 1, 2007."
 SECTION 3.  This act is effective when it becomes law.