Directs the Department of Commerce to provide grants-in-aid to the Town of Pembroke to assist in the implementation of the Innovate NC initiative, which may be used for eight listed purposes, including assisting residents in repair and retrofitting of housing damaged by Hurricane Matthew flooding.
Appropriates $195,000 in nonrecurring funds for 2017-18 and $160,000 in recurring funds for 2018-19 from the General Fund to the Department of Commerce to be allocated to the Town of Pembroke as described above.
Directs the Department of Commerce and the Town of Pembroke to report on the Innovate NC initiative on or before April 1 of each year, including use of funds, number of residents assisted, and recommendations on improving the initiative.
Effective July 1, 2017.
Bill Summaries: S386 (2017-2018 Session)
Bill S 386 (2017-2018)Summary date: Mar 23 2017 - View summary