- Associated Press - Wednesday, June 4, 2014

RALEIGH, N.C. (AP) - A bill to privatize parts of the public agency that works to recruit companies and jobs to North Carolina is moving ahead.

The House Commerce Committee recommended Wednesday the bill to the full House, which scheduled floor debate Thursday.

The bill would shift the state’s corporate recruiting from the Commerce Department to a private nonprofit that can raise money from private donors to pursue companies considering new factories or expansions. Commerce Secretary Sharon Decker says the new arrangement will put the state’s recruiting efforts more on par with how the corporate world operates.

Critics say similar efforts elsewhere have been marred by ethics scandals and a lack of transparency about how the money is spent.

A similar bill cleared a Senate committee later Wednesday and heads to another panel Thursday.



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