NC S776

Transfers $2,000,000 from the Coronavirus Relief Reserve to North Carolina State University for the Food Processing Innovation Center at the North Carolina Research Campus to fund instant quick freeze research and food processing, preservation, and storage initiatives through December 30, 2020

Appropriates $5,000,000 in nonrecurring funds for fiscal year 2020-2021 from the General Fund to North Carolina A&T State University for the College of Agriculture and Environmental Sciences Extension and Farm Pavilion

Directs the Department of Agriculture and Consumer Services to establish partnerships with nonprofit organizations connecting small family farms to food banks and farmers markets to limit crop and livestock losses from COVID-19 and natural disasters

Creates a one-year tax deduction allowing farmers to exclude up to $100,000 of income derived from agricultural land for taxable years beginning January 1, 2020 through December 31, 2020

Includes a clause repealing any appropriations found to be disallowed by federal law and returning those funds to the Coronavirus Relief Reserve