This bill proposes a one-time appropriation of $24,000,000 from the state general fund to the Department of Public Instruction for a passthrough grant aimed at funding a science museum construction project. The funding is designated for the biennium starting July 1, 2025, and ending June 30, 2027. The bill stipulates that the grant can only be awarded if the prospective recipient certifies that they have secured at least $24,000,000 in matching funds from nonstate sources.
The legislation emphasizes the requirement for matching funds, ensuring that the project has significant financial backing from private or other nonstate entities before state funds are disbursed. This approach aims to leverage additional resources for the construction of the science museum, promoting educational initiatives in the state.