Bill > S739

This bill appropriates $6 million 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 Hyde County for the purpose of assisting with the purchase of property for oyster farming. The bill requires Hyde County to collaborate with the North Carolina Marine Industrial Park Authority on this project, and it will become effective on July 1, 2025. The funding is a one-time allocation aimed at supporting the local oyster farming industry in Hyde County, which is located in eastern North Carolina and known for its coastal and maritime resources. By providing this financial support, the bill seeks to help the county develop or expand its oyster farming capabilities, potentially boosting the local economy and supporting sustainable aquaculture practices.

Budget and Finance

https://www.ncleg.gov/BillLookUp/2025/S739