Directs the State Controller to transfer $405 million from the Coronavirus Relief Reserve to the Coronavirus Relief Fund (both established in SL 2020-4) for the 2019-20 fiscal year. Appropriates $405 million from the Coronavirus Relief Fund to the Office of State Budget and Management (OSBM) for the 2019-20 fiscal year. Specifies that appropriated funds remain available until December 30, 2020.

Requires OSBM to allocate the funds in specified amounts to the following entities and identified purposes: (1) the Department of Public Instruction (DPI) to install extended reach mobile wifi gateway router devices in school buses and provide community and home mobile Internet access points; restricts use to the purchase of devices only; (2) to DPI for public elementary and secondary schools to purchase computers and other electronic devices for student and school personnel use in response to COVID-19; (3) to DPI to hold in reserve to award grants to public school units to support extraordinary costs associated with provided services for exceptional children in response to the impacts of COVID-19; (4) to DPI for contracted services for school health support personnel, consistent with the formula for Instructional Support Allotment, including school counselors, school nurses, school psychologists, and school social workers; (5) to the UNC Board of Governors (BOG) for constituent institutions to cover necessary eligible expenses for resources and supports for students impacted by COVID-19; (6) to the BOG for constituent institutions to provide institutional support for necessary eligible expenses related to COVID-19 impacts; (7) to the Community Colleges System Office (CC System Office) for campuses to cover necessary eligible expenses for resources and supports for students impacted by COVID-19; (8) to the CC System Office for the Office and campuses to provide institutional support for necessary eligible expenses related to COVID-19 impacts; and (9) to the BOG to be allocated to the State Education Assistance Authority (Authority) for eligible private postsecondary institutions to cover necessary eligible expenses for resources and supports for students impacted by COVID-19 and to provide institutional support for necessary eligible expenses related to COVID-19 impacts, in amounts and apportioned as specified.