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NC S822

Bill

Status

Introduced

5/19/2020

Primary Sponsor

Paul Lowe

Click for details

Origin

Senate

2019-2020 Session

AI Summary

  • 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.

  • $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.

  • 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.

  • City officers, officials, and employees who violate fund usage requirements are subject to civil action and personal liability to reimburse the State.

  • 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

Committee Referrals

Rules and Operations of the Senate5/20/2020

Full Bill Text

No bill text available