This bill proposes a supplemental appropriation from the unappropriated surplus balance in the State Fund, specifically from Lottery Net Profits, to the State Board of Education for the fiscal year ending June 30, 2025. The Governor's Executive Budget Document indicated that there is a surplus available for appropriation, which has prompted this legislative action. The bill aims to add a new item of appropriation to fund 3951, fiscal year 2025, organization 0402, specifically for the Hope Scholarship Program, with an allocation of $33,804,764.

The new legal language introduced in the bill specifies the fund number (3951), fiscal year (2025), and organization (0402) associated with the appropriation. This addition is intended to ensure that the designated spending unit can utilize the surplus funds effectively during the specified fiscal year. The bill reflects the state's commitment to supporting educational initiatives through the allocation of lottery surplus funds.