Part I.
Section 1.1.
Applies to any directed grants appropriated as nonrecurring funds in SL 2022-74 (modifications to the Operations Appropriations Act of 2021) for the 2022-2023 fiscal year that (1) remain unexpended as December 31, 2024,(the effective date of this section) and (2) are subject to reversion on that date, as provided for in Section 1 of SL 2024-40 (amendments to the Operations Appropriations Act of 2023). Directs that the grants described by the section do not revert on December 31, 2024, and remain available for expenditure for the purpose for which the funds were appropriated until the earlier of the date the funds are expended or the date the funds revert, as follows. Directs that any of the above described that remain unexpended as of December 31, 2024, revert to the appropriate fund at the end of the 2025-2026 fiscal year. Effective retroactively to December 31, 2024.  
Reserves Parts II through VIII (concerning education, health and human services, agriculture and natural and economic resources, justice and public safety, general government, statewide, and finance, respectively).