N.C. Gen. Stat. § 143B-437.63

Current through Session Law 2024-11

Section 143B-437.63 - JDIG Program cash flow requirements

Notwithstanding any other provision of law, grants made through the Job Development Investment Grant Program, including amounts transferred pursuant to G.S. 143B-437.61, shall be budgeted and funded on a cash flow basis. The Department of Commerce shall disburse funds in an amount sufficient to satisfy grant obligations and amounts to be transferred pursuant to G.S. 143B-437.61 to be paid during the fiscal year. It is the intent of the General Assembly to appropriate funds annually to the JDIG Program established in this Part in amounts sufficient to meet the anticipated cash requirements for each fiscal year.

N.C. Gen. Stat. § 143B-437.63

Amended by 2016 N.C. Sess. Laws 94,s. 15.2-a, eff. 7/1/2016.

Amended by 2009 N.C. Sess. Laws 570,s. 22.(a), eff. 8/28/2009, which was repealed by 2009 N.C. Sess. Laws 570,s. 22.(b), eff. 8/28/2009, upon the passage of Senate Bill 409 as 2009 N.C. Sess. Laws 445.

Amended by 2009 N.C. Sess. Laws 445,s. 40, eff. 8/7/2009.

Added by 2004 N.C. Sess. Laws 0124, s. 6.12.(b), eff. 7/1/2004.