S743 - The Disaster Recovery Act of 2024 - Part II. (SL 2024-53)
Session Year 2024
Overview: Section 4C.7 of S.L. 2024‑53 allocates $100 million in nonrecurring funds from the Helene Fund to the Division of Water Infrastructure (Division) of the Department of Environmental Quality (DEQ) to administer a program to make interest‑free bridge loans to local government units in areas affected by Hurricane Helene, for the purpose of supplying these local government units with short‑term financial liquidity necessary to immediately conduct emergency repairs to drinking water and wastewater infrastructure, pending receipt of federal disaster relief.
This section became effective October 25, 2024. This section was later amended by Section 1D.10 of S.L. 2024‑57 (Disaster Relief‑3/Budget/Various Law Changes).
Additional Information: