Bill Summary for H 1090 (2019-2020)
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Summary date:
May 14 2020
Bill Information:
| View NCGA Bill Details | 2019-2020 Session |
AN ACT TO APPROPRIATE FUNDS TO THE OFFICE OF STATE BUDGET AND MANAGEMENT FOR ALLOCATION TO STATE AGENCIES NEGATIVELY IMPACTED BY THE LOSS OF ANTICIPATED RECEIPTS DUE TO THE COVID-19 EMERGENCY.Intro. by McNeill.
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Bill summary
Appropriates $30 million in nonrecurring funds from the General Fund to the Office of State Budget and Management to be allocated to State agencies negatively impacted by the loss of anticipated receipts due to the COVID-19 emergency. Requires OSBM to report to the specified NCGA commission prior to any transfer of funds. Effective July 1, 2020.