The bill amends the appropriations of public moneys from the State Excess Lottery Revenue Fund for the fiscal year ending June 30, 2025. Specifically, it decreases the appropriation to the Economic Development Authority's Economic Development Project Fund (fund 9065, organization 0944) by $9,506,440, which is allocated for debt service. Concurrently, the bill increases the appropriation to the Department of Human Services (fund 5365, organization 0511) by the same amount, directing these funds towards medical services.
This legislative action is based on the Governor's Executive Budget Document, which indicated an unappropriated balance in the State Treasury available for the fiscal year. The adjustments reflect a reallocation of resources to prioritize funding for medical services within the Department of Human Services while reducing the financial support for the Economic Development Authority's projects.