This bill proposes an appropriation of four million dollars ($4,000,000) from the general fund to the Creative Industries Fund within the Economic Development Department. The allocated funds are designated for grantmaking activities by the creative industries division for fiscal year 2026 and subsequent years, as permitted by the Economic Development Department Act.

Additionally, the bill stipulates that any unexpended or unencumbered balance remaining at the end of a fiscal year shall not revert to the general fund, ensuring that the funds can be carried over for future use within the creative industries division.