This bill proposes the transfer of funds to the general fund from two specific sources: the budget reserve fund and the general revenue replacement fund. Specifically, it mandates that the state treasurer transfer $56,153,769 from the budget reserve fund and $41,874,757 from the general revenue replacement fund to bolster the general fund.
Additionally, the bill declares an emergency, stating that the transfers are necessary for the support of the state government and its existing public institutions. As a result, the bill will take effect immediately upon its passage and approval.