SB 530 North Carolina Senate · 2025-2026 Session

Ag Manufacturing Economic Development.

SB 530 creates the Agricultural Manufacturing Investment Grant Account (AMIG) within North Carolina's One North Carolina Fund to provide competitive grants to agricultural manufacturers. The bill authorizes grants of up to $500,000 total per company, requiring recipients to invest at least $5 million in private funds within two years, maintain 25+ full-time employees with wages at 110% of the county average, and meet performance targets. Grants prioritize projects in designated development areas, those using advanced technologies like AI or biotech, or those with significant R&D spending. Recipients must repay grants if they fail to meet employment, investment, or wage requirements over the grant term.

Issues: ✓ Labor & Employment

Bill status in committee 1 of 4 stages cleared

Introduction

Mar 2025

Committee Review

Floor Vote

Governor

Introduced Mar 25, 2025 Last action Mar 26, 2025

Maddy AI version diff · 1 comparison

What changed between versions

Filed → Edition 1 · 3 edits

MINOR

This bill underwent a procedural update from its initial filing to its first official edition. The changes primarily involve formatting and metadata updates rather than substantive policy modifications. The bill's core content regarding agricultural manufacturing investment incentives remains unchanged.

TECHNICAL

Updated bill metadata including session dates, bill number formatting, and reference codes from DRS15215-MC-45B to S530-v-1

Added specific referral information directing the bill to Rules and Operations of the Senate dated March 26, 2025

Removed initial filing date and preliminary reference information that was present in the filed version

Floor votes

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Full legislative history

Actions timeline

Total actions

Key actions

Committee

Mar 26, 2025

Committee

Ref To Com On Rules and Operations of the Senate

upper

Mar 25, 2025

Introduced

Filed

upper

0 primary · 1 co-sponsor