The Disaster Recovery Act of 2024 - Part II.

Senate Bill 743, titled the Disaster Recovery Act of 2024 - Part II, provides additional state funding to help North Carolina recover from Hurricane Helene. The bill allocates a total of $604.15 million from the state's Savings Reserve to the Hurricane Helene Disaster Recovery Fund for use by various state agencies and non-state entities in affected counties. These funds are distributed to departments including education, health and human services, agriculture, natural and economic resources, justice and public safety, and general government for the 2024-2025 fiscal year. Additionally, the legislation establishes a separate reserve within the Office of State Budget and Management to handle relief efforts related to Tropical Storm Debby and PTC8. The act also requires state agencies to report any federal disaster assistance awards received to the legislature within 30 days.