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 includes the designation of fund 3951, fiscal year 2025, and organization 0402, which are essential for the proper allocation of the Lottery Net Profits to the State Board of Education. This amendment is intended to ensure that the funds are available for expenditure during the specified fiscal year, thereby supporting educational initiatives funded through lottery revenues.