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1999 SESSION

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HB 2381 Governor's Development Opportunity Fund.

Introduced by: Harry B. Blevins | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED: (all summaries)

Governor’s Development Opportunity Fund. Provides that the Governor may reduce the minimum number of new jobs required to be created, as a condition for eligibility for assistance from the Governor’s Development Opportunity Fund, when the average wage of the new jobs created is at least twice the prevailing wage for that locality or region. The Governor may reduce the number of new jobs required to be created to no less than one-half the number of jobs that would otherwise be required to be created. This bill is identical to SB 1247.


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