Source: News & Observer
Governor Roy Cooper on Monday signed into law a bipartisan financial relief package that outlines how the state will expend $1.57 billion in funding from the federal government.
The bill was a compromise between the House and Senate, ultimately resulting in a unanimous passage through both chambers.
“I am signing into law two critical relief bills that will provide assistance to families, schools, hospitals and small businesses as our state battles COVID-19,” Cooper said in a press release. “There is more work ahead of us, and I hope the spirit of consensus behind these bills will continue.”
According to the News & Observer, the legislation contains millions of dollars allocated for PPE, university research, testing, contact tracing, small businesses loans and food banks.
According to Governor Cooper’s press release, the spending includes:
- $50 million toward PPE and sanitation
- $25 million for testing and tracing
- $125 million in small business loans through the Golden LEAF Foundation
- $50 million in health support for underserved communities, including rural areas and minority communities
- $95 million to support North Carolina hospitals
- $20 million to support local health departments and the State Health Lab
- $75 million for school nutrition programs
- $70 million for summer learning programs
- $30 million for local schools to purchase computers and other devices for students
- $6 million for food banks
- $9 million for rural broadband
- $85 million for vaccine development, antibody testing, community testing and other COVID-19-related research
Funding for research includes Duke University, UNC-Chapel Hill, East Carolina University, Campbell University and Wake Forest University.
Read the full story about the $1.57 billion, bipartisan aid package from the News & Observer.