Section 1
Adds new GS 143C-4-4.1, establishing within the General Fund a State Critical Infrastructure and Construction Resiliency Fund (SCICRF) that is administered by the Governor. The Governor can use the SCICRF to pay for new construction and infrastructure within counties affected by a disaster and within the emergency area of the Type I, II, or III disaster declaration for specific resiliency and disaster preparedness purposes. The Governor may also use the SCICRF to pay for State and local disaster response activities following a major disaster declaration by the President of the United States under the Stafford Act (P.L. 93-288) in the area affected by the disaster.
The SCICRF is comprised of funds appropriated from the General Assembly and funds reserved by the Department of Revenue in the amount of 5% of the highway use tax collected from a county each year if that county was within an emergency area for a Type I, II, or III disaster as declared by the Governor. Counties that have been included in an emergency area under a declared Type I, II, or III disaster by the Governor in the previous three fiscal years are eligible counties to deposit monies into the SCICRF.
Section 2
Effective July 1, 2025.