This bill appropriates a total of $20,000,000 from the General Fund to the State Treasurer for state aid, specifically allocating $10,000,000 for the fiscal year 2025-26 and another $10,000,000 for the fiscal year 2026-27. The funds are designated solely for state aid purposes, and the bill emphasizes that these appropriations are intended to support education scholarships for low-income and at-risk elementary and secondary students.

Additionally, the bill expresses the Legislature's intent to continue appropriating $10,000,000 annually from the General Fund to facilitate contracts for providing these education scholarships. The aim is to enhance access to educational choices and opportunities for eligible students at approved or accredited private, denominational, or parochial schools. The language in the bill ensures that the appropriated funds are strictly used for this educational purpose.