Appropriates $994,000 from the General Fund to the Office of State Budget and Management (OSBM) for 2021-22 to be held in reserve to provide funds for the planning of a new facility for Isaac Bear Early College High School on the UNC-Wilmington (UNCW) campus as the partner institution of higher education for the cooperative innovative high school. Directs OSBM to allocate the funds to UNCW upon the signing of a memorandum of agreement between New Hanover County Schools and UNCW on the specifics of the facility project. Provides for reversion of the funds if a memorandum of agreement is not signed by June 30, 2022. Effective July 1, 2021.