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NC S822
Bill
AI Summary
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State Controller shall transfer $30,000,000 from the Local Government Coronavirus Relief Reserve to the Coronavirus Relief Fund established in S.L. 2020-4.
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$30,000,000 in nonrecurring funds appropriated to the Office of State Budget and Management for fiscal year 2020-2021 to be allocated to the City of Winston-Salem for COVID-19 prevention expenditures consistent with U.S. Treasury Department guidance.
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City is liable to the State for any misuse or mishandling of funds and subject to clawback measures, including reduction or elimination of other State funds.
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City officers, officials, and employees who violate fund usage requirements are subject to civil action and personal liability to reimburse the State.
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City must report to OSBM on fund usage beginning October 1, 2020, and quarterly thereafter until all funds are expended and accounted for; act becomes effective July 1, 2020.
Legislative Description
CARES Act Funds for Winston-Salem
Last Action
Re-ref to Appropriations/Base Budget. If fav, re-ref to Rules and Operations of the Senate
5/20/2020