NC H955

Creates the Individual and Family Relief Grant Program administered by the Department of Revenue to provide one-time grants funded by American Rescue Plan Act of 2021 resources to eligible low-income individuals and those with COVID-19 employment interruptions

Provides $1,000 grants to individuals who received unemployment benefits for at least three months during 2020, and $250 grants to other eligible individuals; grants must be awarded by October 1, 2021

Sets eligibility requirements: applicants must file grant applications by July 1, 2021, have adjusted gross income below $35,000 (single filers) or $53,000 (other filing statuses), and provide required information to the Secretary of Revenue

Grants may be distributed by direct deposit to the account used for 2019 state tax refunds or by check mailed to the address on the 2019 state income tax return, with checks valid for 90 days

Establishes a temporary $250 tax credit for taxpayers with qualifying relatives for tax years beginning on or after January 1, 2021, which expires for tax years beginning on or after January 1, 2022