Senate OKs public-private partnership
06/09/2014 7:27 PM
02/15/2015 11:26 AM
The Senate on Tuesday night gave final approval to its version of the bill that would privatize parts of the state Department of Commerce.
The vote of 38-7 came without any discussion. Senators debated the bill at length on Thursday, but held off on a final vote at the objection of Sen. Josh Stein. The Raleigh Democrat said that provisions newly added to the bill on Thursday -- including an overhaul of the state’s film incentives structure -- argued for giving senators the weekend to think about it.
The bill now crosses over to the House, which has its own version -- minus the film incentives section. Eventually, it appears, representatives from both chambers will have to sit down and try to work out a compromise.
The privatization proposals would allow the state Commerce Department to contract with a nonprofit entity set up to attract international trade and jobs.
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