H. 4026 is a joint resolution introduced by the House Ways and Means Committee to appropriate funds from the Capital Reserve Fund for the fiscal year 2024-2025. The bill outlines specific allocations for various projects across multiple educational institutions and state departments, including significant renovations and new constructions at universities such as The Citadel, Clemson University, and the Medical University of South Carolina, among others. Notably, it includes a total of $150 million for the Department of Health and Human Services for neurological critical care and rehabilitation services in South Carolina, as well as funding for security upgrades and IT improvements in state-owned buildings.
Additionally, the resolution allows for unexpended funds appropriated to be carried forward to succeeding fiscal years for the same purposes, ensuring that projects can continue without interruption. The Comptroller General is tasked with posting the appropriations as required by law. The resolution will take effect thirty days after the completion of the 2024-2025 fiscal year, aligning with existing constitutional provisions.