Bill Summary for S 743 (2019-2020)

Summary date: 

May 14 2020

Bill Information:

View NCGA Bill Details2019-2020 Session
Senate Bill 743 (Public) Filed Thursday, May 14, 2020
AN ACT TO APPROPRIATE ADDITIONAL FUNDS TO THE NORTH CAROLINA VOLUNTEER FIRE DEPARTMENT FUND FOR TARGETED RELIEF TO FIRE DEPARTMENTS LOCATED IN ECONOMICALLY DISADVANTAGED AREAS.
Intro. by deViere, Fitch, Lowe.

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Bill summary

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.

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