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Tax Break Tracker Individual Entry

Each individual entry is a single program reported by a single jurisdiction in a given fiscal year. Because we want to track the level and quality of disclosure as well as the content, the values below -- with the exception of program names -- are entered exactly as they are reported. See our user guide for more explanations.

StateNorth Carolina
Effected JurisdictionNorth Carolina
Jurisdiction type: State
Fiscal year ending In2018
Program nameJob Development Investment Grant (JDIG)
Program purpose: Job Creation/Retention
Statutory authority: North Carolina General Statute Chapter 143B Article 10 Part 2G
Abating jurisdiction(s): State of North Carolina
Applicable taxesState Income Tax
Method of abatement: Retention of withholding tax
Provisions for recapture: The amount of grant or the term of the agreement shall be reduced; the agreement may be terminated
Gross revenue loss: $48,800,000
Reimbursement / offset: $0
Net revenue loss: $48,800,000
Type of loss: Active
Additional notes on dislosureNorth Carolina has several other subsidy programs not disclosed, see Subsidy Tracker for details.