News

North Carolina’s new economic development group will release donors’ names, but may not say how much they gave

North Carolina’s new economic development partnership– a quasi-public group funded largely with public money – started up in earnest last week,  a significant move that privatized how employers are recruited to the state.

The Economic Development Partnership of North Carolina has received $500,000 so far in private donations and $17.5 million in public dollars.

Partnership leaders have not yet identified the donors, as was reported this article published yesterday.The new group is subject to public record laws, as well as various reporting requirements.

John Lassiter, a Charlotte attorney appointed by Gov. Pat McCrory to chair the partnership’s interim board, spoke with N.C. Policy Watch Wednesday after the piece was published.

He reiterated that the group will likely release the identities of donors before the end of the month – but may not specify how much each person or company gives.

That’s because enabling legislation requires the group to keep a list of donors and an “aggregate amount” of donations, he said.

He said he viewed releasing some of the donor information now, instead of at the end of  the year, will be going beyond the transparency requirements.

“Let’s strive to exceed what’s required in statutes,” he said.

Check Also

UNC Board of Governors face protest, chooses new board chair and interim president

It was a busy day at the final ...

Top Stories from NCPW

  • News
  • Commentary

Future of once-powerful congressional group in question as "Trump whisperer" takes his lea [...]

Civil rights litigation isn’t always about securing a win in court – sometimes there is a deeper rec [...]

Thom Goolsby, a former North Carolina state Senator now serving on the UNC Board of Governors, is ru [...]

Duke Energy calls its new net-zero carbon emissions plan a "directional beacon," but for c [...]

It’s September and America’s school children are back in class. They’re greeted every day with the u [...]

Powerful new research confirms numerous benefits of substantially increasing public investments For [...]

The confluence of three essentially unprecedented events combined to make last week an extraordinary [...]

The post The two faces of the NC GOP appeared first on NC Policy Watch. [...]