Appropriates $3 million for 2021-22 and $2 million for 2022-23 from the General Fund to the Office of State Budget and Management to be allocated to the Cape Fear Regional Theatre at Fayetteville, Inc. (CFRT). States legislative intent for CFRT to raise $1 million in non-State matching funds for each fiscal year. Provides an allocation schedule based on thresholds for raising matching funds. Effective July 1, 2021.