The bill presented is General Assembly Substitute Bill No. 5238, which aims to increase the minimum awards under the Debt-Free Community College Program. The bill proposes amendments to the 2024 supplement to the general statutes, specifically section 10a-174, which is scheduled to be effective from July 1, 2024.

The key changes in the bill include the substitution of the term "his or her" with "such student's" to refer to a qualifying student's financial aid. Additionally, the bill significantly increases the minimum award for eligible students: from $250 to $750 for full-time students and from $150 to $450 for part-time students. These amendments are intended to provide greater financial support to students attending community college. The effective date and sections amended by this act are listed as Section 1 July 1, 2024, 10a-174(a)(1).