Plain English Summary
This bill establishes a new special fund called the Disaster Readiness and Response Fund within the Office of the State Treasurer, separate from the state's General Fund and other existing funds. The bill does not specify funding amounts, how money enters the fund, or how it will be used.
Arguments in Favor
Supporters argue that creating a dedicated fund for disaster readiness and response helps ensure money is available specifically for emergency preparation and disaster recovery efforts. A separate fund may prevent disaster resources from being diverted to other budget priorities and could streamline emergency response by having designated financial resources ready when disasters strike.
Arguments Against
Opponents may question the bill's lack of detail about funding sources, spending authority, and specific uses of the fund. Without these details, critics argue the bill creates an empty mechanism and may worry that establishing new funds without clear fiscal plans could complicate state budget management or create administrative redundancy.
AI-generated analysis based on bill text. Always verify with official sources at ncleg.gov. This is not legal or political advice.
Sponsors
Cosponsors (26)
Representative · District 64
Representative · District 12
Representative · District 116
Representative · District 8
Representative · District 115
Representative · District 43
Representative · District 48
Representative · District 5
Representative · District 106
Representative · District 26
Representative · District 45
Representative · District 102
Representative · District 112
Representative · District 42
Representative · District 61
Representative · District 25
Representative · District 92
Representative · District 66
Representative · District 98
Representative · District 88
Representative · District 9
Representative · District 57
Representative · District 104
Representative · District 117
Representative · District 101
Representative · District 24