The bill H. 4026 is a joint resolution that appropriates funds from the Capital Reserve Fund for the fiscal year 2024-2025, detailing specific allocations for various educational institutions and state departments. The resolution outlines a total of $300,000,000 in appropriations for projects such as renovations, new constructions, and facility enhancements across multiple universities and colleges in South Carolina, including The Citadel, Clemson University, and the Medical University of South Carolina, among others. Notably, it includes significant funding for the Department of Health and Human Services for neurological critical care and rehabilitation services.
Additionally, the bill allows for unexpended funds appropriated under this resolution to be carried forward to succeeding fiscal years for the same purposes, ensuring that any remaining funds can still be utilized effectively. The resolution will take effect thirty days after the completion of the 2024-2025 fiscal year, in accordance with existing state constitutional provisions.