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---
type: "Bill"
title: "Extend Qualified Business Venture Tax Credit."
description: "Extend Qualified Business Venture Tax Credit."
jurisdiction: "us/states/nc"
legislature: "North Carolina General Assembly"
session: "2001"
identifier: "HB 1520"
citation: "North Carolina HB 1520 (2001)"
classification: ["bill"]
subjects: ["COMMERCE", "CORPORATIONS", "FOR-PROFIT", "FEES", "FISCAL NOTES", "PORTS", "PORTS AUTHORITY", "PRESENTED", "PUBLIC", "RATIFIED", "SESSION LAWS", "TAX CREDITS", "TAXATION", "TAXES", "CORPORATE INCOME", "TITLE CHANGE", "REP. ALLEN", "REP. BUCHANAN", "REP. HILL", "REP. HOLLIMAN", "REP. JARRELL", "REP. LUEBKE", "REP. MCCOMAS", "REP. WAINWRIGHT", "SUNSETS", "CHAPTERED"]
status: "enacted"
primary_sponsors: ["Allen"]
version_count: 4
action_count: 26
vote_count: 2
first_action: "2002-06-04"
last_action: "2002-08-29"
source: "openstates"
source_identifier: "ocd-bill/f258b705-3619-413a-a9df-5fc0a8e8331a"
source_url: "http://www.ncleg.net/gascripts/BillLookUp/BillLookUp.pl?Session=2001&BillID=H1520&votesToView=all"
source_hash: "bc8690b684ab39652afa1618ae827d291b74cd70ddc0642a345611c8beffff90"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-nc"]
---
# North Carolina HB 1520 (2001) — Extend Qualified Business Venture Tax Credit.
## Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
1. **Edition 1** (committee substitute) — [source](http://www.ncleg.net/Sessions/2001/Bills/House/PDF/H1520v1.pdf)
2. **Edition 2** (committee substitute) — [source](http://www.ncleg.net/Sessions/2001/Bills/House/PDF/H1520v2.pdf)
3. **Ratified** (committee substitute) — [source](http://www.ncleg.net/Sessions/2001/Bills/House/PDF/H1520v3.pdf)
4. **SL 2002-99** (committee substitute) — [source](http://www.ncleg.net/Sessions/2001/Bills/House/PDF/H1520v4.pdf)
## Votes
- SEN. AMEND. #1\R3 Ruled Mat'l\M11 Concur — **977** (pass) · lower
- SEN. AMEND. #1\R2 Ruled Mat'l\M11 Concur — **978** (pass) · lower
## Sponsors
- Allen — primary (person)
- Alexander — cosponsor (person)
- Buchanan — cosponsor (person)
- Cox — cosponsor (person)
- Dedmon — cosponsor (person)
- Edwards — cosponsor (person)
- Hill — cosponsor (person)
- Holliman — cosponsor (person)
- Hurley — cosponsor (person)
- Jarrell — cosponsor (person)
- Luebke — cosponsor (person)
- McComas — cosponsor (person)
- Morris — cosponsor (person)
- Wainwright — cosponsor (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2002-08-29** Ch. SL 2002-99 `became-law`
- **2002-08-29** Signed By Gov. 8/29/2002 `executive-signature`
- **2002-08-20** Pres. To Gov. 8/20/2002 `executive-receipt`
- **2002-08-19** Ratified
- **2002-08-15** Concurred On 3rd Reading
- **2002-08-14** Concurred On 2nd Reading
- **2002-08-13** Placed On Cal For 8/14/2002
- **2002-08-07** Cal Pursuant Rule 36(b)
- **2002-08-07** Reptd Fav To Concur `committee-passage-favorable`
- **2002-07-29** Ref To Com On Finance `referral-committee`
- **2002-07-29** Amends Ruled Material
- **2002-07-29** Rec To Concur In S Amend
- **2002-07-24** Passed 3rd Reading `passage, reading-3`
- **2002-07-23** Passed 2nd Reading `reading-2`
- **2002-07-23** Amend Adopted #1 `amendment-passage`
- **2002-07-17** Placed On Cal For 7/23/2002
- **2002-07-17** Reptd Fav `committee-passage-favorable`
- **2002-07-08** Ref To Com On Finance `referral-committee`
- **2002-07-08** Rec From House
- **2002-07-03** Passed 3rd Reading `passage, reading-3`
- **2002-07-02** Passed 2nd Reading `reading-2`
- **2002-07-01** Placed On Cal For 7/2/2002
- **2002-06-26** Cal Pursuant Rule 36(b)
- **2002-06-26** Reptd Fav Com Substitute `committee-passage-favorable`
- **2002-06-05** Ref To Com On Finance `referral-committee`
- **2002-06-04** Filed `introduction`
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/f258b705-3619-413a-a9df-5fc0a8e8331a`. Confidence: reported (aggregated from official North Carolina legislature records).