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 for state aid and are intended to be used exclusively for this purpose. Additionally, the bill expresses the Legislature's intent to allocate $10,000,000 annually from the General Fund to provide education scholarships for low-income and at-risk elementary and secondary students.

The scholarships aim to enhance access to educational choices and opportunities at approved or accredited private, denominational, or parochial schools. The bill emphasizes that the appropriated funds shall solely be utilized for these educational scholarships, reinforcing the commitment to support disadvantaged students in their pursuit of quality education.