A BILL TO BE ENTITLED
AN ACT to appropriate funds to the office of state budget and management for allocation to state agencies negatively impacted by the loss of anticipAted receipts due to the COVID‑19 EMERGENCY.
The General Assembly of North Carolina enacts:
SECTION 1.  There is appropriated from the General Fund to Office of State Budget and Management (OSBM) the sum of thirty million dollars ($30,000,000) in nonrecurring funds for the 2020‑2021 fiscal year to be allocated to State agencies negatively impacted by the loss of anticipated receipts due to the COVID‑19 emergency. Prior to the transfer of funds pursuant to this section, OSBM shall submit a report to the Joint Legislative Commission on Governmental Operations.
SECTION 2.  This act becomes effective July 1, 2020.