§ 58-0301 — Allocation of moneys

§ 58-0301. Allocation of moneys.\n Of the moneys received by the state from the sale of bonds pursuant to\nthe environmental bond act of 2022, not less than one billion one\nhundred million dollars ($1,100,000,000) shall be available for\ndisbursements for restoration and flood risk reduction projects\ndeveloped pursuant to section 58-0303 of this title. Not more than two\nhundred fifty million dollars ($250,000,000) of this amount shall be\navailable for projects pursuant to subdivision two of section 58-0303 of\nthis title and not less than one hundred million dollars ($100,000,000)\neach shall be available for coastal rehabilitation and shoreline\nrestoration projects and projects which address inland flooding,\npursuant to paragraph a of subdivision one of section 58-0303 of this\ntitle.\n