North Carolina ranks second-best in the nation for corporate incentive enforcement procedures, according to Good Jobs First, a Washington, D.C.-based research organization. Only Vermont ranked higher than North Carolina. The Good Jobs group generally is critical of corporate incentives, giving North Carolina a B- grade, the same as Vermont, which received the highest raw score.
Nevada was ranked third, followed by Maryland, Iowa and Virginia, according to the report. The group examined 238 incentives programs, including North Carolina’s Job Development Investment Grants, One North Carolina Fund and William S. Lee credits.
These are the findings of Money-Back Guarantees for Taxpayers: Clawbacks and Other Enforcement Safeguards in State Economic Development Subsidy Programs, a study published by Good Jobs First, a non-profit, non-partisan research center in Washington, DC. Read More.