A BILL TO BE ENTITLED
AN ACT to provide an enhanced incentive for creating new jobs where a business earning an article 3j credit fills the job with a veteran of the armed forces.
The General Assembly of North Carolina enacts:
SECTION 1.  G.S. 105‑129.87 reads as rewritten:
"(a)	Credit. – A taxpayer that meets the eligibility requirements set out in G.S. 105‑129.83 and satisfies the threshold requirement for new job creation in this State under subsection (b) of this section during the taxable year is allowed a credit for creating jobs. The amount of the credit for each new job created is set out in the table below and is based on the development tier designation of the county in which the job is located. 
Area Development Tier	Amount of Credit
Tier One	$12,500
Tier Two	5,000
Tier Three	750
(a1)	Additional Credit Amount. – The credit permitted under subsection (a) of this section shall be increased as provided in this subsection. Only one additional credit amount is allowed under this subsection with respect to the same job. If more than one subdivision of this subsection applies to the same job, then the additional credit amount is the higher amount, not both amounts combined.
(1)	If the job is filled by a veteran of the Armed Forces of the United States or is located in an urban progress zone or an agrarian growth zone, the amount of the credit is increased by one thousand dollars ($1,000) per job.
(2) 	If the job is located in an urban progress zone or an agrarian growth zone and is filled by a resident of that zone, a veteran of the Armed Forces of the United States, or a long‑term unemployed worker, the amount of the credit is increased by three thousand dollars ($3,000) per job. 
.…"SECTION 2.  This act is effective for taxable years beginning on or after January 1, 2011.