NCEDA is the primary voice promoting and supporting the interests of economic development in our state. That includes the responsibility for advocating with elected officials, other state policymakers and key community and business organizations.
Through the Legislative Committee, NCEDA takes a proactive approach to working with the members of the North Carolina General Assembly and others within state government whose actions and decisions impact our state’s business climate and its ability to recruit new employers and help existing ones grow. We work with our partners to advocate for policies, initiatives and programs that promote job creation, encourage investment and result in economic prosperity throughout North Carolina. We also communicate regularly with our members to keep them informed about relevant legislation and other news.
2019 Economic Development Legislative Priorities
1. Enhance Workforce Development
- Support our education partners in securing balanced funding for short-term workforce training programs, the benefits of which would include the facilitation of additional work-based learning opportunities in manufacturing, distribution, administration, healthcare and other industries, specifically apprenticeships and internships.
- Support the expansion of the Career Coach Program through the State to assist High School students with determining career goals and available pathways.
2. Improve Infrastructure and Product Development
- Seek the creation of a state-supported funding program for the development of speculative buildings and the acquisition and development of land in the state;
- Seek modification of state regulations to enhance funding of water and wastewater extensions for all counties in order to increase available, marketable product for new or existing companies;
- Modify guidelines for IDF-Utility Account grants to include eligibility for projects in rural or less developed census tracts of Tier 3 counties;
- Support solutions that increase access to broadband Internet access by all communities, companies and citizens in North Carolina.
3. Sharpen North Carolina’s Competitiveness
- Improve the competitive position of North Carolina’s border counties through flexible incentives that align with those offered by neighboring states.
- Seek ways to mitigate the corporate income tax impact of the new Federal tax bill on incentive grants
- Seek ways to include the abatement of NC Franchise Tax, as it can be an impediment on further expansions and capital equipment purchases within the State.
- Seek the increased incentive qualification for projects that are focused more on capital investment than job creation
- Encourage the widespread utilization of the Job Development and Investment Grant (JDIG) program by eliminating the cap and sunset provisions.
- Enhance funding for the Economic Development Partnership of NC and the NC Department of Commerce for purposes of marketing, global business recruitment activities, existing industry support and the establishment of a closing fund for high-impact projects.