This bill proposes an appropriation of $1,100,000 from the state general fund to the North Dakota 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 grant program will operate during 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, indicating that it is not intended to be a recurring expense in future budgets.