A BILL TO BE ENTITLED
AN ACT to provide increased funding to the job development investment grant program.
The General Assembly of North Carolina enacts:
SECTION 1.  Section 15.19(a1) of S.L. 2013‑360 reads as rewritten:
"SECTION 15.19.(a1)  Notwithstanding G.S. 143B‑437.52(c), the maximum total liability for grants awarded, including amounts transferred to the Utility Account pursuant to G.S. 143B‑437.61, is as follows for the following time periods:
(1)	For the 2013‑2015 fiscal biennium, twenty‑seven million five hundred thousand dollars ($27,500,000).
(2)	For the period from July 1, 2015, to December 31, 2015, seven million five hundred thousand dollars ($7,500,000).
No agreement may be entered into that, when considered together with other existing agreements governing grants awarded during an applicable time period provided in this subsection, could cause the State's potential total annual liability for grants awarded in that time period to exceed the designated maximum amount."
SECTION 2.  This section is effective when it becomes law.