Senate committee substitute makes the following changes to the 1st edition.

Eliminates the appropriations provisions, which provided for appropriations of recurring funds from the General Fund to the Military Presence Stabilization Fund. Replaces the provisions with the following.

Directs the Department of Commerce to transfer $2 million in nonrecurring funds from the cash balance of the Film and Entertainment Grant Fund to the Department of Military and Veterans Affairs (DMVA) for deposit in the Military Presence Stabilization Fund by August 15, 2020. Appropriates the transferred funds for the 2020-21 fiscal year to be used to provide grants for local communities or military installations, updates to strategic planning, federal advocacy, and identification of measures to increase the military value of installations (identical to the purposes previously identified). 

Reenacts and incorporates by reference the State Budget Act, GS Chapter 143C.

Provides for the continued validity of 2019 legislative appropriations to an entity covered under the act unless expressly repealed or amended.

Maintains the act’s effective date of July 1, 2020.

Changes the act's long title.