The bill appropriates $2,000,000 from the general fund for fiscal year 2026 to support African Economic Development Solutions. This funding is specifically designated for two purposes: $1,000,000 will be allocated to establish a loan fund aimed at addressing economic inequities faced by entrepreneurs in the African immigrant community, and the other $1,000,000 will be used to provide business technical assistance to these entrepreneurs.

This appropriation is a one-time allocation and will remain available until June 30, 2028, ensuring that the funds can be utilized effectively to foster economic development within the targeted community.