Passed 1st Reading
Summary
The bill allocates $10 million annually to the One North Carolina Small Business Account and $2 million annually to the North Carolina Biotechnology Center, both through the Department of Commerce. It also rewrites the law governing the Advisory Council on Rare Diseases, moving it to the Department of Health and Human Services, setting its membership, terms, and funding for operations. These changes aim to boost life‑science economic development and improve state coordination on rare‑disease issues.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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