Directs the State Controller to transfer $10 million from the Local Government Corornavirus Relief Reserve to the Coronavirus Relief Fund (both established in SL 2020-4, 2020 COVID-19 Recovery Act). Appropriates from the Coronavirus Relief Fund $10 million in nonrecurring funds to the Office of State Budget and Management (OSBM) for the 2020-21 fiscal year. Requires allocation of the funds to the City of Greensboro (City) for expenditures consistent with federal Treasury guidance regarding the federal Corornavirus Relief Fund.
Deems the City liable to the State for any misuse or mishandling of appropriated funds. Subjects funds to clawbacks and other appropriate measures regarding misuse. Provides for personal civil liability to the State against any City officer, official or employee for violations of the act. Establishes quarterly reporting requirements, beginning October 1, 2020, for the City to report to OSBM on the use of allocated funds until funds are expended or accounted for.
Makes the guidance, reporting and audit requirements in specified sections of SL 2020-4 applicable to the act.
Effective July 1, 2020.
Bill Summaries: H1166 CARES ACT FUNDS FOR GREENSBORO.
Bill H 1166 (2019-2020)Summary date: May 20 2020 - View Summary