S681 - Agency Policy Directives/2019-2020. (SL 2020-78)

Overview: Section 6.3.(a) of this act requires certain entities receiving direct appropriations for economic development purposes to annually report to various committees of the General Assembly on prior State fiscal year program activities, objectives, accomplishments, itemized expenditures, and fund sources. Section 6.3.(b) lists the North Carolina Biotechnology Center, High Point Market Authority, and RTI International as the entities that must comply with the reporting requirements set forth in subsection (a).

This section became effective on July 1, 2020.