The bill amends the General Appropriations Act for fiscal year 2025, making significant adjustments to the operating expenses across various state departments and agencies. Notable changes include a reduction in the Coronavirus Stimulus Pool from $30 million to $3 million, while increasing funding for Employee Compensation and Billing Pools from approximately $3.4 million to $5.4 million in General Funds. Other departments, such as the Bureau of Human Resources and Administration, the Department of Social Services, and the Department of Education, also see various increases and decreases in their operating expenses, reflecting a reallocation of funds to meet changing needs.
Additionally, the bill introduces new provisions for transferring funds, including a $5 million transfer to the IT Modernization Fund and a $22.8 million transfer to the Unclaimed Property Trust Fund from the state general fund. It allows for unspent funds appropriated by this Act to be carried over into the next fiscal year, ensuring that resources are available for ongoing projects. The bill is set to take effect on June 30, 2025, and aims to provide a more balanced and responsive budget for the state's fiscal needs.