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.
State: | North Carolina |
Effected Jurisdiction: | North Carolina |
Jurisdiction type: | State |
Fiscal year ending In: | 2018 |
Program name: | Job 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 taxes: | State 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 dislosure: | (none) |
Document source: | https://www.osc.nc.gov/public-information/reports/report-archives/annual... |