Part I

Titles the act “The Disaster Recovery Act of 7 2025 – Part I.” Declares act’s intent that its appropriations and allocations are for maximum amounts necessary. Directs that savings must be effected where the total amounts appropriated or allocated are not required to implement the act. Defines affected area as the counties designated before, on, or after the effective date of the act under a major disaster declaration by the President of the United States under the Stafford Act (PL 93-288) as a result of Hurricane Helene. Also defines Helene Fund (the Hurricane Helene Disaster Recovery Fund established in Section 4.1 of SL 2024-51), and SERDF (the State Emergency Response and Disaster Relief Fund established in GS 166A-19.42). Specifies that Part II applies to North Carolina counties in the affected area, unless otherwise provided.

Part II

Directs the State Controller to transfer $500 million from SERDF to the Helene Fund.