NC legislature finalizes commerce reorganization - WRBL

NC legislature finalizes commerce reorganization

Posted: Updated:
RALEIGH, N.C. - Lawmakers have finalized the requirements a new private nonprofit corporation must meet before it can take over business recruiting and marketing and tourism functions currently housed within North Carolina's government.

The Senate unanimously approved on Wednesday a House bill that lays out the terms of the state Commerce Department's contract with the Economic Development Partnership of North Carolina. The measure now goes to Gov. Pat McCrory's desk.

McCrory has sought the transfer to the nonprofit for more than a year. Lawmakers authorized him last summer to develop a privatization strategy.

The Senate approved a competing version of the measure but decided to accept the House version without any changes. Senate Majority Leader Harry Brown says it was time to stop debating details and to make the transfer a reality.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Powered by WorldNow

1350 13th Avenue
Columbus, GA 31901

Telephone: 706.323.3333
Fax: 706.327.6655
Email: news@wrbl.com

Can't find something?
Powered by WorldNow
All content © Copyright 2000 - 2014 Media General Communications Holdings, LLC. A Media General Company.