§ 143-433.8. Duties.
§ 143‑433.8. Duties.
The Committee shall performthe following duties:
(1) Manage theallocation of private activity bonds, low‑income housing credits,qualified public educational facility bonds, recovery zone facility bonds,recovery zone economic development bonds, and qualified energy conservationbonds and receive advice from bond issuers, elected officials, and the GeneralAssembly.
(2) Continue to monitorbond markets, economic development financing trends, school financing trends,housing markets, and tax incentives available to induce events and programsfavorable to North Carolina, its cities and counties, and individual citizens.
(3) Continue to studythe ways in which North Carolina can best and most fairly manage and utilizethe allocation of private activity bonds, low‑income housing credits,qualified public educational facility bonds, recovery zone facility bonds,recovery zone economic development bonds, and qualified energy conservationbonds.
(4) Report to theGovernor, Lieutenant Governor, the Speaker of the House of Representatives, thePresident Pro Tempore of the Senate, and the Revenue Laws Study Committee asrequested and on not less than an annual basis. The annual report is due byNovember 1 of each year. (1987, c. 588, s. 3; 2008‑204, s. 6.2; 2009‑140,s. 3.)