This bill proposes to expire $25,000,000 from the Economic Development Authority's Economic Development Fund (fund 9060) for the fiscal year ending June 30, 2025. The funds will be transferred to the unappropriated surplus balance of the State Fund, General Revenue, making them available for appropriation during the same fiscal year.

The legislation aims to adjust the available expenditure balance by decreasing the funds in the Economic Development Fund, thereby reallocating resources to the State Fund's surplus. This action is intended to enhance the financial flexibility of the state budget for the upcoming fiscal year.