North Carolina 2021-2022 Session Status: In Committee 9 D cosponsors

HB 921 — Tier I Community Reinvestment.

Last action — Passed 1st Reading

  1. ✓
    Introduced
  2. 2
    In Committee
  3. 3
    Passed House
  4. 4
    Passed Senate
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 2021-2022 Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there are no live odds of enactment. It would have to be reintroduced in the current session to move again.

Bill Text

What changed in the latest version

19 added · 18 removed

Plain-language change summary

The updated version of House Bill 921 includes the addition of primary sponsors, Representatives R. Smith and Gailliard, which emphasizes ongoing legislative support for the initiative. Additionally, slight wording adjustments were made for clarity, particularly regarding the use of funds by the Golden LEAF and the Carolina Small Business Development Fund. These changes matter because clear sponsorship and language help ensure that the bill is well-supported and understood as it aims to assist businesses in times of economic hardship.

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GENERAL ASSEMBLY OF NORTH CAROLINA H.B.
GENERAL ASSEMBLY OF NORTH CAROLINA SESSION 2021 H 1 HOUSE BILL 921 Short Title:
921 May 10, 2021 SESSION 2021 HOUSE PRINCIPAL CLERK H D HOUSE BILL DRH40575-NBa-156A Short Title:
Representative R.
Representatives R.
Smith.
Smith and Gailliard (Primary Sponsors).
For a complete list of sponsors, refer to the North Carolina General Assembly web site.
A BILL TO BE ENTITLED AN ACT TO PROVIDE LOANS TO QUALIFYING BUSINESSES THAT DID NOT RECEIVE COVID-19 FINANCIAL ASSISTANCE AND GRANTS TO NONPROFIT CORPORATIONS AND LOCAL SCHOOL ADMINISTRATIVE UNITS LOCATED IN TIER ONE COUNTIES.
Appropriations, if favorable, Rules, Calendar, and Operations of the House May 11, 2021 A BILL TO BE ENTITLED AN ACT TO PROVIDE LOANS TO QUALIFYING BUSINESSES THAT DID NOT RECEIVE COVID-19 FINANCIAL ASSISTANCE AND GRANTS TO NONPROFIT CORPORATIONS AND LOCAL SCHOOL ADMINISTRATIVE UNITS LOCATED IN TIER ONE COUNTIES.
– There is appropriated from the General Fund to the Department of Commerce the sum of sixty million dollars ($60,000,000) in nonrecurring funds to be used to provide grants to entities for the purpose of making loans to assist qualifying businesses with business needs during periods of economic hardship occasioned by the COVID-19 pandemic.
– There is appropriated from the General Fund to the Department of Commerce the sum of sixty million dollars ($60,000,000) in nonrecurring funds to be used to provide grants to entities for the purpose of making loans to assist qualifying businesses with business needs duringperiods of economic hardship occasioned by the COVID-19 pandemic.
–The following shall apply to theprogram andloans made under the programs by Golden LEAF and the Carolina Small Business Development Fund:
–The followingshall applyto theprogram andloans made under the programs byGolden LEAF and the Carolina Small Business Development Fund:
*DRH40575-NBa-156A* General Assembly Of North Carolina Session 2021 (4) GoldenLEAFmayuseuptoonemilliondollars($1,000,000)andtheCarolina Small Business Development Fund may use up to two hundred thousand dollars ($200,000) to provide grants for the purpose of providing technical assistance to businesses working to apply for a loan from the program authorized by this section or for federal assistance programs.
*H921-v-1* General Assembly Of North Carolina Session 2021 (4) Golden LEAFmayuseuptoonemilliondollars($1,000,000)andtheCarolina Small Business Development Fund may use up to two hundred thousand dollars ($200,000) to provide grants for the purpose of providing technical assistance to businesses working to apply for a loan from the program authorized by this section or for federal assistance programs.
The lender shall recapture loan funds only if the lender determines there is a reasonable expectation that the recovery of funds will exceed the cost of recovery.
The lender shall recapture loan funds onlyif the lender determines there is a reasonable expectation that the recoveryof funds will exceed the cost of recovery.
SECTION 1.(e) If a qualifying business is an organization exempt from federal income tax under section 501(c)(3) of the Internal Revenue Code, the qualifying business may apply for a grant not to exceed fifty thousand dollars ($50,000) under the programs authorized Page 2 DRH40575-NBa-156A General Assembly Of North Carolina Session 2021 by this act to be used for community development purposes in development tier one areas, as defined in G.S.
SECTION 1.(e) If a qualifying business is an organization exempt from federal income tax under section 501(c)(3) of the Internal Revenue Code, the qualifying business may apply for a grant not to exceed fifty thousand dollars ($50,000) under the programs authorized Page 2 House Bill 921-First Edition General Assembly Of North Carolina Session 2021 by this act to be used for community development purposes in development tier one areas, as defined in G.S.
The programs funded should raise standards for student academic outcomes by focusing on the following:
The programs funded should raise standards for student academic outcomes byfocusing on the following:
(3) Deployment of multiple tiered supports in schools to address student barriers to achievement, such as strategies to improve chronic absenteeism, antisocial DRH40575-NBa-156A Page 3 General Assembly Of North Carolina Session 2021 behaviors, academic growth, and enhancement of parent and family engagement.
(3) Deployment of multiple tiered supports in schools to address student barriers to achievement, such as strategies to improve chronic absenteeism, antisocial House Bill 921-First Edition Page 3 General Assembly Of North Carolina Session 2021 behaviors, academic growth, and enhancement of parent and family engagement.
Page 4 DRH40575-NBa-156A
Page 4 House Bill 921-First Edition
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Action History

  1. Passed 1st Reading

  2. Ref to the Com on Appropriations, if favorable, Rules, Calendar, and Operations of the House

  3. Filed

Sponsors

Sponsorship breakdown

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1 sponsors · 18 co-sponsors · 160 not signed on

Sponsors (1)

Co-sponsors (18)

Not signed on (160)

160 members have not signed on to this bill.

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"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

housing education
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

Who sponsors HB 921?
HB 921 is sponsored by K. Smith, R. Smith, Gailliard, Autry, Amber M. Baker (Democratic), Becky Carney (Democratic), Garrison, Gill, Graham, Pricey Harrison (Democratic), Zack Hawkins (Democratic), Carolyn G. Logan (Democratic), Lucas, Meyer, Garland E. Pierce (Democratic), Amos L. Quick, III (Democratic), James Roberson (Democratic), Wray, and Julie von Haefen (Democratic).
What is the current status of HB 921?
This bill died with 2021-2022 Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track HB 921?
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Last checked for changes 3 months ago · updated continuously

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