This bill proposes an appropriation of $1,100,000 from the general fund of the state treasury to the state historical society for a historic theater restoration grant program. The funding is designated for a grant to an organization focused on restoring a historic theater located in a city with a population exceeding 100,000. The appropriation is intended for the biennium from July 1, 2025, to June 30, 2027.

Additionally, the bill stipulates that the state historical society can only utilize these funds if the organization has secured matching funds, requiring one dollar in matching moneys for every two dollars obtained from nonstate sources. This funding is classified as a one-time funding item, emphasizing that it is not intended to be a recurring expense.