This bill proposes an appropriation of $500,000 for grants aimed at renovation and construction-related costs for the Smith Hospital, to be administered by the Department of Finance and Administration - Disbursing Officer for the fiscal year ending June 30, 2026. The funds will be drawn from the cash fund in the State Treasury, as determined by the Chief Fiscal Officer of the State. The bill emphasizes compliance with existing laws and regulations regarding the disbursement of these funds, ensuring that all financial controls are adhered to.

Additionally, the bill includes an emergency clause, which states that the appropriations must be effective by July 1, 2025, to prevent any disruption in the agency's operations. This clause highlights the urgency of the funding to maintain essential governmental programs and services. The General Assembly recognizes that any delay in the implementation of this act could cause irreparable harm, thus necessitating its immediate effect upon passage.