The Job Development Investment Grant—North Carolina's keystone incentives program—has run out of money, and so far the state legislature has been unable to agree on passing new legislation to re-fund it. JDIG allows the state to offer incentives to major HQs and manufacturing projects. It was a key tool in bringing Sealed Air Corp, MetLife Group, AvidXchange and others to the Charlotte region. During deliberations, an unrelated sales-tax provision was added, which seems to have slowed things down; now the bill is in a House-Senate conference committee. [CBJ]
Major Incentives Bill Still Stuck in Legislature
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Related Topics:
AvidXchange
, Incentives
, Job Development Investment Grant
, MetLife Group
, Sealed Air Corp
, State of North Carolina
, Tax incentives
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