Continuing Budget Operations Part IV.
SB 449 modifies North Carolina's disaster recovery funding programs related to Hurricane Helene. It extends interest-only payment periods for Golden LEAF loans to 24 months, caps individual loans at $150,000, and defers repayment for small cities and counties until June 30, 2030, or after FEMA reimbursement decisions. Eligible communities include cities with under 10,000 residents and over 100% budget damage, or counties with under 25,000 residents and over 50% budget damage from Helene. The bill also requires local government grant projects to be ineligible for FEMA Public Assistance reimbursement to qualify for funding.
Bill status
signed
all 5 stages cleared
Introduction
Mar 2025
Committee Review
Oct 2025
Senate Passage
Oct 2025
House Passage
Jun 2025
Signed into Law
Oct 2025
Introduced Mar 24, 2025
Signed Oct 23, 2025
Maddy AI version diff · 5 comparisons
What changed between versions
Ratified
→
SL 2025-97
·
3 edits
MINOR
The bill was formally ratified and published as Session Law 2025-97, changing its version number from v-4 to v-5. The substantive legislative content remains unchanged, with only formatting updates to the header and page numbering.
TECHNICAL
Header updated from 'Ratified Bill' to 'Session Law 2025-97' to reflect official publication status.
Version number changed from S449-v-4 to S449-v-5 to track the final ratified version.
Page 2 header updated to include 'Session Law 2025-97' alongside the bill reference.
Floor votes · Senate Oct 21, 2025 · House Oct 21, 2025
How they voted
47–0
Passed · 4 other
Total votes 51
Oct 21, 2025
D
Democratic20
100% Yea
R
Republican31
87% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
46
Key actions
9
Committee
12
Oct 22, 2025
Signed into law
Signed by Gov. 10/22/2025
executive
Oct 21, 2025
Committee
Re-ref Com On Rules, Calendar, and Operations of the House
lower
Oct 21, 2025
Upper · Passed
Conf Report Adopted
upper
Jun 18, 2025
Committee
Ref To Com On Rules and Operations of the Senate
upper
Jun 17, 2025
Lower · Passed
Passed 3rd Reading
lower
Jun 17, 2025
Lower · Passed
Reptd Fav
lower
Jun 10, 2025
Committee
Re-ref Com On Rules, Calendar, and Operations of the House
lower
Jun 10, 2025
Lower · Passed
Reptd Fav Com Substitute
lower
Jun 5, 2025
Committee
Re-ref to the Com on Education - K-12, if favorable, Rules, Calendar, and Operations of the House
lower
Apr 28, 2025
Committee
Ref To Com On Rules, Calendar, and Operations of the House
lower
Apr 15, 2025
Upper · Passed
Passed 3rd Reading
upper
Apr 14, 2025
Upper · Passed
Reptd Fav
upper
Apr 9, 2025
Committee
Re-ref Com On Rules and Operations of the Senate
upper
Apr 9, 2025
Upper · Passed
Com Substitute Adopted
upper
Apr 9, 2025
Upper · Passed
Reptd Fav Com Substitute
upper
Apr 3, 2025
Committee
Re-ref to Education/Higher Education. If fav, re-ref to Rules and Operations of the Senate
upper
Mar 25, 2025
Committee
Ref To Com On Rules and Operations of the Senate
upper
Mar 24, 2025
Introduced
Filed
upper
2 primary · 2 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Kevin Corbin
RRepublican
P
Michael Lee
RRepublican
Co
Brad Overcash
RRepublican
Co
Dana Jones
RRepublican
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