North Carolina SB 664: JMAC/ABC/Other Revisions.

Bill Text

GENERAL ASSEMBLY OF NORTH CAROLINA
SESSION 2025

SESSION LAW 2025-65
SENATE BILL 664

*S664-v-8*
AN ACT TO ALLOW FLEXIBILITY IN THE EVENT OF NONCOMPLIANCE WITH A
JMAC AGREEMENT; TO AMEND THE ABC LAWS TO EXPAND USE OF
ALTERNATING PROPRIETORSHIPS AND MAKE CORRECTIONS CONCERNING
"TO GO" MIXED BEVERAGES TO CONFORM WITH FEDERAL LAW; TO PROVIDE
AN EXEMPTION FROM NONBETTERMENT COSTS FOR CERTAIN
MUNICIPALITIES; AND TO MAKE A TECHNICAL CORRECTION TO THE
MEGASITES READINESS PROGRAM.

The General Assembly of North Carolina enacts:

PART I. REVISIONS TO JMAC REQUIREMENTS
SECTION 1. G.S. 143B-437.012 reads as rewritten:
"§ 143B-437.012. Job Maintenance and Capital Development Fund.
...
(d) Eligibility. – A business is eligible for consideration for a grant under this section if
it satisfies the conditions of subdivision (1), (1a), (2), (2a), or (2b) of this subsection and satisfies
subdivision (4) of this subsection:
(1) The business is a major employer. A business is a major employer if the
business meets the following requirements:
a. The Department certifies that the business has invested or intends to
invest at least two hundred million dollars ($200,000,000) of private
funds in improvements to real property and additions to tangible
personal property in the project within a six-year period beginning
with the time the investment commences.
b. The business employs at least 2,000 full-time employees or equivalent
full-time contract employees at the project that is the subject of the
grant at the time the application is made, and the business agrees to
maintain at least 2,000 full-time employees or equivalent full-time
contract employees at the project for the full term of the grant
agreement.
c. The project is located in a development tier one area at the time the
business applies for a grant.
(1a) The business previously received a grant as a major employer under this
section and meets the following requirements:
a. The Department certifies that the business has invested or intends to
invest at least one hundred fifty million dollars ($150,000,000) of
private funds in improvements to real property and additions to
tangible personal property in the project within a six-year period
beginning with the time the investment commences. Amounts certified
as invested under sub-subdivision a. of subdivision (1) of this
subsection shall not be included in the amount required by this
sub-subdivision.

Page 2 Session Law 2025-65 Senate Bill 664
b. The business employs at least 2,000 full-time employees or equivalent
full-time contract employees at the project that is the subject of the
grant at the time the application is made and the business agrees to
maintain at least 2,000 full-time employees or equivalent full-time
contract employees at the project for the full term of the grant
agreement.
c. The project is at the same location as that for which a grant was
previously awarded under subdivision (1) of this subsection.
(2) The business is a large manufacturing employer. A business is a large
manufacturing employer if the business meets the following requirements:
a. The business is in manufacturing, as defined in G.S. 105-129.81, and
is converting its manufacturing process to change the product it
manufactures or is investing in its manufacturing process by
enhancing pollution controls or transitioning the manufacturing
process from using coal to using natural gas for the purpose of
becoming more energy efficient or reducing emissions.
b. The Department certifies that the business has invested or intends to
invest at least fifty million dollars ($50,000,000) of private funds in
improvements to real property and additions to tangible personal
property in the project within a five-year period beginning with the
time the investment commences.
c. The business meets one of the following employment requirements:
1. If in a development tier one area, the business employs at least
320 full-time employees at the project that is the subject of the
grant at the time the application is made, and the business
agrees to maintain at least 320 full-time employees at the
project for the full term of the grant.
2. If in a development tier two area with a population of less than
60,000 as of July 1, 2013, the business employs at least 800
full-time employees or equivalent full-time contract employees
at the project that is the subject of the grant at the time the
application is made, and the business agrees to maintain at least
800 full-time employees or equivalent full-time contract
employees at the project for the full term of the grant.
(2a) The business is a heritage manufacturing employer. A business is a heritage
manufacturing employer if the business meets the following requirements:
a. The business is in manufacturing, as defined in G.S. 143B-437.01, and
has been operating in this State for over 100 years.
b. The Department certifies that the business has invested or intends to
invest at least three hundred twenty-five million dollars
($