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Bill Summary · SB 886

Summary of SB 886 (Session 2025, North Carolina)

Title

Funds/Town of Grifton Resiliency

Purpose and Intent

  • The bill appropriates funds from the General Fund to support the Town of Grifton in designing and implementing flood resilience projects.
  • The primary goal is to assist with flood mitigation and resiliency improvements through a directed grant to Grifton.

Key Provisions

  • Funding Amount and Source

    • Appropriates $3,000,000 in nonrecurring funds from the General Fund.
    • Source: Office of State Budget and Management (OSBM).

  • Use and Purpose of Funds

    • The funds are directed as a grant to the Town of Grifton.
    • Intended for the design and construction of flood mitigation and resiliency projects in Grifton.

  • Fiscal Year and Availability

    • Funds are designated for the 2026-2027 fiscal year (nonrecurring).

  • Effective Date

    • The act becomes effective July 1, 2026.

Who/What Would Be Affected

  • Town of Grifton

    • Direct recipient of a $3 million nonrecurring grant.
    • Funds are to be used specifically for flood mitigation and resiliency project design and construction.

  • State Entities

    • Office of State Budget and Management (OSBM) administers the grant as part of the state budget process.

Procedural and Timeline Considerations

  • Implementation Timing

    • If enacted, funding would be available for the 2026-2027 fiscal year, aligning with a single-year, nonrecurring appropriation.

  • Legislative Status

    • Filed in April 2026.
    • Specifics indicate a straightforward directed grant without additional programmatic requirements in the bill text (as provided).

Additional Notes

  • The bill is concise and centers on a one-time appropriation rather than ongoing funding or programmatic changes.
  • As a nonrecurring grant, the long-term fiscal impact on state budgeting would be limited to the 2026-2027 period, with no explicit continuing obligations beyond the designated year.

Compiled from official sources — confirm details with the bill’s official record.

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