Appropriates $5 million in nonrecurring funds from the General Fund to the Department of Insurance for the 2020-21 fiscal year to be allocated to the Volunteer Fire Department Fund. Requires separate accounting of the appropriated funds.
Makes the procedures and requirements of GS 58-87-1, concerning grants from the Volunteer Fire Department Fund, apply to grants made using appropriated funds, with the following modifications. Limits grants to counties designated as development tier one in the most recent annual ranking. Requires applicant match of funds at $1 for every $3 of grant funds. Caps grants at $50,000.
Effective July 1, 2020.
Bill S 743 (2019-2020)Summary date: May 14 2020 - View summary