Current as of January 01, 2020 | Updated by FindLaw Staff
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1. Beginning in 2007 and annually thereafter, the department shall publish a compilation and summary of the results of the state grantor reports for the previous calendar year. Beginning in 2007 and annually thereafter, the department of commerce shall file the reports of the state grantors and the compilation and summary with the legislative council. The department shall organize the compilation and summary so that useful comparisons across time periods and across grantors can be made. The department may add other information to the compilation and summary as deemed necessary to evaluate business incentives.
2. The compilation and summary must include:
a. The number of jobs targeted to be created or retained by each recipient receiving a business incentive in that year.
b. The number of jobs achieved in comparison to the jobs targeted for each business year by year.
c. The average compensation of jobs targeted to be created or retained by each recipient that year, including identification of the average benefits and average earnings to be provided by the employer for these jobs.
d. The average compensation of jobs created or retained compared to the targeted average compensation for each business year by year.
e. A distribution of business incentives by type of business and by public purpose.
f. The percentage of business incentives that reached goals within two, three, four, and five years from the benefit date.
g. The percentage of business incentives that did not meet goals and that did not receive repayment.
Cite this article: FindLaw.com - North Dakota Century Code Title 54. State Government § 54-60.1-07. Compilation and summary--Report to legislative council - last updated January 01, 2020 | https://codes.findlaw.com/nd/title-54-state-government/nd-cent-code-sect-54-60-1-07/
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