Bill Summary for H 1090 (2019-2020)

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Summary date: 

May 14 2020

Bill Information:

View NCGA Bill Details2019-2020 Session
House Bill 1090 (Public) Filed Thursday, May 14, 2020
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.
Intro. by McNeill.

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Bill summary

Appropriates $30 million in nonrecurring funds from the General Fund to the Office of State Budget and Management to be allocated to State agencies negatively impacted by the loss of anticipated receipts due to the COVID-19 emergency. Requires OSBM to report to the specified NCGA commission prior to any transfer of funds. Effective July 1, 2020.