This bill proposes to extend the deadline for the reversion of certain appropriated funds to the general fund by two years. Specifically, it amends the existing law to state that any amounts appropriated to the Governor's Office of Economic Development in 2021 for purposes such as marketing, route restoration, business development, and air service marketing will not revert to the general fund until June 30, 2027, instead of the previously established date.

The amendment reflects a change in the timeline for the use of these funds, allowing additional time for their expenditure or obligation. This extension aims to support ongoing economic development initiatives within the state by providing more flexibility in the use of the allocated resources.