§ 49 — Community Resilience and Disaster Mitigation Fund

(a) Creation. There is established the Community Resilience and Disaster Mitigation Fund to provide funding to the Community Resilience and Disaster Mitigation Grant Program established in section 48 of this title. The Fund shall be administered by the Department of Public Safety.
(b) Monies in the Fund. The Fund shall consist of monies appropriated or transferred to the Fund.
(c) Fund administration.
(1) The Commissioner of Finance and Management may anticipate receipts to this Fund and issue warrants based thereon.
(2) The Commissioner of Public Safety shall maintain accurate and complete records of all receipts by and expenditures from the Fund.
(3) All balances remaining at the end of a fiscal year shall be carried over to the following year.
(d) Reports. On or before January 15 each year, the Commissioner of Public Safety shall submit a report to the House Committees on Environment and on Government Operations and Military Affairs and the Senate Committees on Government Operations and on Natural Resources and Energy with an update on the expenditures from the Fund. (Added 2023, No. 143 (Adj. Sess.), § 2, eff. July 1, 2024.)