The proposed legislation, General Assembly Bill No. 7164, establishes an "emergency nonprofit assistance account" funded by a transfer of three million dollars from the General Fund, contingent upon a projected surplus for the fiscal year ending June 30, 2025. This account is designed to be a separate, nonlapsing fund that will support various nonprofit organizations. The bill outlines specific allocations for the funds, with 45.3% designated for grants to organizations serving the LGBTQ+ community, 26.7% for reproductive health care services, 22.1% for refugee and immigration assistance, 2.1% for community and youth empowerment services, and 3.8% retained by the Judicial Department for administrative purposes.

The bill includes new legal language that establishes the account and specifies the distribution of funds, while there are no deletions from current law noted in the text. The act is set to take effect upon passage, indicating an urgent response to the needs of nonprofit organizations in the state.