The bill revises the General Appropriations Act for fiscal year 2025, making significant adjustments to the operating expenses across various state departments and agencies. Key changes include a reduction in the Coronavirus Stimulus Pool from $30 million to $3 million, while increasing employee compensation pools and various departmental budgets. For instance, the Bureau of Human Resources sees an increase in operating expenses for Central Services from approximately $19.56 million to $19.66 million, and the Department of Social Services has adjustments that include a decrease in General Funds for Economic Assistance but an increase in Federal Funds.
Additionally, the bill introduces new provisions for fund transfers, including a $5 million transfer to the IT Modernization Fund and a $22.83 million transfer to the Unclaimed Property Trust Fund from the state general fund. It also allows for unspent funds appropriated by this Act to be carried over into the next fiscal year, ensuring that departments can utilize their allocated budgets effectively. The bill is set to take effect on June 30, 2025.