GENERAL ASSEMBLY OF NORTH CAROLINA

SESSION 2007

H                                                                                                                                                   D

HOUSE DRH70630-LG-643*  (3/24)

Short Title:     Defense Security Technology Accelerator Funds.		(Public)
Sponsors:	Representatives Glazier, Dickson, Lucas, and Tolson (Primary Sponsors).
Referred to:

A BILL TO BE ENTITLED

AN ACT to appropriate funds to support the defense and security technology accelerator in the City of Fayetteville.

The General Assembly of North Carolina enacts:

SECTION 1.  There is appropriated from the General Fund to the Department of Commerce the sum of two million dollars ($2,000,000) for the 2008‑2009 fiscal year to be allocated to the Partnership for Defense Innovation, a nonprofit organization, to support the Defense and Security Technology Accelerator, a business incubator focusing on economic development opportunities in the industries relating to homeland security and national defense.

SECTION 2.  This act becomes effective July 1, 2008.