Raleigh, N.C. – The state House of Representatives voted unanimously Wednesday to direct $100 million of disaster recovery funds in the state budget to aid Hurricane Matthew, tropical storm and wildfire recovery efforts spanning housing, infrastructure, agriculture, and education in communities across North Carolina.
Senate Bill 338 Disaster Recovery Act of 2017 also provides $22 million to the State Emergency Response and Disaster Relief Fund to provide the state match for federal disaster assistance programs.
“Protecting the victims of natural disasters is a core responsibility of the North Carolina General Assembly,” said House Speaker Tim Moore (R-Cleveland), “and we’re well prepared to provide emergency relief thanks to responsible spending and record savings that ensure our state is in sound financial shape to serve citizens in times of crisis.”
Last December, the General Assembly also approved the Disaster Recovery Act of 2016, which appropriated $100 million from the state’s Savings Reserve Account into the General Fund to assist with hurricane recovery efforts.
North Carolina has built a $1.8 billion savings reserve, a state record in total dollars and percentage of the state budget, to prepare for future natural disasters.