Const Amend - Disaster Relief Emolument Excpt.

SB 771 proposes a constitutional amendment to allow North Carolina to provide state funds for restoring privately-owned business buildings damaged by federally declared natural disasters. Currently, the state constitution prohibits such payments under its "emoluments" clause, but this bill would create an exception specifically for disaster recovery. If approved by voters in March 2026, the amendment would permit the state to use funds for rebuilding private structures after events like hurricanes or floods officially labeled major disasters by the federal government. This change directly affects businesses that own property damaged in these events, removing a legal barrier to receiving state disaster relief.