North Carolina H1078 appropriates funds for small business accounts, biotechnology centers, and rare disease research, and establishes a reserve fund.
North Carolina H1078 allocates funds from the General Fund to the Department of Commerce for the One North Carolina Small Business Account and the North Carolina Biotechnology Center. It establishes the Advisory Council on Rare Diseases within the University of North Carolina at Chapel Hill's School of Medicine, tasked with advising on rare disease research, diagnosis, treatment, and education. The bill also creates the Life Science and Biomanufacturing Technologies Reserve Fund for state matching funds, federal grants, and other initiatives.
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