Changes to North Carolina's corporate income tax code that are meant to attract Apple to put a $1 billion data center in the state have passed both the state Senate and House. Governor Beverly Perdue is expected to sign the legislation into law without much ado.

The bill isn't specifically tied to any particular company, but it contains a number of conditions that companies must meet to qualify for a significant abatement of state corporate income taxes. Those conditions include investing $1 billion within nine years, locating within North Carolina's poorest regions, providing health insurance to its workers, offering a minimum working wage standard, and being willing to forgo other tax breaks.

Last week an unnamed official revealed that the changes were specifically targeted at Apple, however. The company apparently plans to build a large data center on the East Coast and is considering locating in North Carolina. That center would initially employ about 100 full-time staff members, but would also employ hundreds of workers for more than a year during its construction.

If Apple were to choose to locate in North Carolina, it could receive up to $46 million in tax credits over the next decade. Legislative staffers also estimated it could save Apple $300 million if the company operated the data center for 30 years. The tax code changes are intended to attract employers to the state, which has unemployment rates as high as 15 percent in some areas—nearly double the national average.

Update: As of Wednesday, Apple has officially selected North Carolina as the location for its new data center.