Small Business Investment Grant.
This North Carolina bill establishes the COVID-19 Small Business Recovery Program to provide financial assistance to small businesses that suffered significant economic losses due to the pandemic. To qualify, a business must have had annual receipts of $8 million or less in 2019 and experienced at least a 25% drop in sales tax collections in 2020 compared to 2019. The program offers one-time grants of up to $250,000, with the total funding capped at $250 million, and requires recipients to keep their operations running for six months to avoid having to repay a portion of the grant.
Bill status
died
1 of 4 stages cleared
Introduction
Apr 2026
Committee Review
Floor Vote
Governor
Introduced Apr 29, 2026
Last action Apr 30, 2026
Maddy AI version diff · 1 comparison
What changed between versions
Filed
→
Edition 1
·
3 edits
MINOR
The bill underwent a transition from a draft filing status to its first official edition, updating the document metadata and tracking numbers. The core policy content, including funding amounts, eligibility criteria, and program definitions, remains unchanged.
TECHNICAL
Updated the document tracking number from 'DRS15179-NIfa-82' to 'S900-v-1' to reflect the official edition status.
Added the 'Referred to' section specifying the Rules and Operations of the Senate and the date April 30, 2026, which was missing in the draft version.
Removed the draft header indicating 'FILED SENATE' and the specific filing date of April 29, 2026.
Floor votes
How they voted
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Full legislative history
Actions timeline
Total actions
5
Key actions
0
Committee
2
Apr 30, 2026
Committee
Re-ref Com On Appropriations/Base Budget
upper
Apr 30, 2026
Committee
Ref To Com On Rules and Operations of the Senate
upper
Apr 29, 2026
Introduced
Filed
upper
1 primary · 4 co-sponsors
Sponsors
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