GENERAL ASSEMBLY OF NORTH CAROLINA

SESSION 2009

H                                                                                                                                                    1

HOUSE BILL 55

Short Title:        Defense Security Technology Accelerator Funds.		(Public)
Sponsors:	Representatives Glazier, Dickson, Lucas, Tolson (Primary Sponsors);  Brisson, E. Floyd, Martin, and E. Warren.
Referred to:	Rules, Calendar, and Operations of the House.

February 5, 2009

A BILL TO BE ENTITLED

AN ACT to appropriate funds to support the defense and security technology accelerator.

The General Assembly of North Carolina enacts:

SECTION 1.  There is appropriated from the General Fund to the Department of Commerce the sum of one million dollars ($1,000,000) for the 2009‑2010 fiscal year to be allocated to the Partnership for Defense Innovation, a nonprofit organization. These funds shall be used 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, 2009.