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, which includes education scholarships aimed at low-income and at-risk elementary and secondary students. The bill emphasizes that these appropriations shall only be used for the stated purpose of increasing access to educational choices at approved or accredited private, denominational, or parochial schools.
Additionally, the bill expresses the intent of the Legislature to continue appropriating $10,000,000 annually from the General Fund to support these education scholarships. This ongoing commitment aims to enhance educational opportunities for disadvantaged students, ensuring they have the means to attend schools that meet their needs. The language in the bill clearly delineates the intended use of the funds and reinforces the focus on educational access and choice.