Bill > S76

This bill appropriates $300,000 in nonrecurring funds from the General Fund to the Office of State Budget and Management for the 2025-2026 fiscal year, specifically to provide a directed grant to the Franklinton Center at Bricks, Inc. The funds are designated for covering the organization's operating expenses and making capital improvements. The bill will take effect on July 1, 2025, which marks the start of the fiscal year for which the funds are allocated. A directed grant means the funds are specifically earmarked for this particular organization and purpose, ensuring that the money will be used by the Franklinton Center at Bricks, Inc. for its operational needs and potential infrastructure or facility upgrades.

https://www.ncleg.gov/BillLookUp/2025/S76