Current as of January 01, 2020 | Updated by FindLaw Staff
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1. A political subdivision shall maintain records of business incentives provided to recipients.
2. Before April 1, 2007, and each April first thereafter, each political subdivision that granted a business incentive during the previous calendar year shall prepare an annual political subdivision grantor report. This annual report must include:
a. The names of the businesses receiving business incentives during that year;
b. The number of jobs expected to be created or retained by each business as a result of the business incentives;
c. The average compensation expected to be provided by the employer for the jobs expected to be created or retained as a result of the business incentives, including identification of the average benefits and average earnings to be provided by the employer for these jobs; and
d. The total dollar value of all business incentives provided by the political subdivision during that year.
Cite this article: FindLaw.com - North Dakota Century Code Title 54. State Government § 54-60.1-08. Political subdivision grantor annual reports - last updated January 01, 2020 | https://codes.findlaw.com/nd/title-54-state-government/nd-cent-code-sect-54-60-1-08.html
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