North Carolina S664 revises eligibility criteria for grants from the Job Maintenance and Capital Development Fund.
North Carolina S664 revises the eligibility criteria for businesses seeking grants from the Job Maintenance and Capital Development Fund. The bill specifies that businesses must meet certain investment and employment requirements to qualify for grants. For major employers, the business must invest at least $200 million in improvements and maintain at least 2,000 full-time employees. Large manufacturing employers must invest at least $150 million and maintain a specified number of employees based on the project's location.
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