B. Monies in the fund may be spent only following a state of emergency declaration by the governor and only for the following forms of economic assistance during the state of emergency:
1. Housing assistance, including payments to prevent eviction or foreclosure.
2. Monies for entities to provide services for homeless persons, including shelter, food, clothing and transportation.
3. Economic assistance to small businesses with fewer than fifty employees, nonprofit organizations and health care providers.
4. Monies for food bank operations.
C. Before spending monies in the fund, the office of the governor shall notify the president of the senate, the speaker of the house of representatives and the joint legislative budget committee on the intended use of the monies.
D. Monies in the fund shall be used to supplement and not supplant any monies allocated by the federal government for economic assistance during a state of emergency.