North Carolina legislation · 2025-2026 Session
North Carolina H552: Ag Manufacturing Economic Development.
Status: In committee, May 7, 2025
What the bill says
An act to provide for economic development incentives targeted for agricultural manufacturing in north carolina.
From the introduced text:
A BILL TO BE ENTITLED AN ACT TO PROVIDE FOR ECONOMIC DEVELOPMENT INCENTIVES TARGETED FOR AGRICULTURAL MANUFACTURING IN NORTH CAROLINA. The General Assembly of North Carolina enacts: SECTION 1. G.S. 143B-437.71 reads as rewritten: "§ 143B-437.71. One North Carolina Fund established as a special revenue fund. (a) Establishment. - The One North Carolina Fund is established as a special revenue fund in the Department of Commerce. (b) Purposes. - Moneys in the One North Carolina Fund may only be allocated pursuant to this subsection. Moneys may be allocated to (i) local governments for use in connection with securing commitments for the recruitment, expansion, or retention of new and existing businesses and to businesses, (ii) the One North Carolina Small Business Account created pursuant to subsection (c) of this section in an amount not to exceed three million dollars ($3,000,000). ($3,000,000), and (iii) the Agricultural Investment Grant Account created pursuant to subsection (d) of this section in an amount not to exceed five million dollars ($5,000,000). Moneys in the One North Carolina Fund allocated to local governments shall be used for the following purposes only: (1) Installation or purchase of equipment. (2) Structural repairs, improvements, or renovations to existing buildings to be used for expansion. (3) Construction of or improvements to new or existing water, sewer, gas, or electric utility distribution …
Sponsors
- Reives, Robert T. (D, 54) · primary sponsor
- Dixon, Jimmy (R, 4) · primary sponsor
- Penny, Howard (R, 53) · primary sponsor
- Jeffers, B. Ray (D, 2) · primary sponsor
- Branson, Jerry (R, 59)
- Brown, Gloristine (D, 8)
- Butler, Deb (D, 18)
- Cervania, Maria (D, 41)
- Crawford, Sarah (D, 66)
- Dahle, Allison A. (D, 11)
- Dew, Aisha O. (D, 107)
- Greenfield, Julia (D, 100)
Latest actions
- : Ref To Com On Rules and Operations of the Senate
- : Passed 1st Reading
- : Special Message Received From House
- : Special Message Sent To Senate
- : Passed 3rd Reading
- : Passed 2nd Reading
- : Placed On Cal For 05/07/2025
- : Cal Pursuant Rule 36(b)
- : Re-ref Com On Rules, Calendar, and Operations of the House
- : Reptd Fav
Votes
- Agricultural Manufacturing Economic Development. Second Reading (May 7, 2025): 109 yea, 0 nay, passed
Subjects: EDUCATION -- COUNCIL ON POSTSECONDARY EDUCATION, Public, Economic Development, Funding, Grants, Information Technology, Rural Development, Employment
Common questions
- What is H552?
- H552 is a bill in the North Carolina Legislature (2025-2026 Session): Ag Manufacturing Economic Development.
- What does H552 do?
- In its own words: An act to provide for economic development incentives targeted for agricultural manufacturing in north carolina.
- What is the status of H552?
- In committee as of May 7, 2025. Latest action: Ref To Com On Rules and Operations of the Senate (May 7, 2025).
- Who sponsored H552?
- Reives, Robert T. (D, 54), with 11 co-sponsors.
- Where is the official record for H552?
- On the North Carolina Legislature website: https://www.ncleg.gov/BillLookUp/2025/H552
Source: official North Carolina record. Tracked by Delilah, AI for legislation across all 50 states and Congress.