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, submitted on February 12, 2025, indicated that there is a surplus available for appropriation, which has prompted this legislative action.

The bill specifically adds a new item of appropriation for the Hope Scholarship Program under the State Board of Education, with a total allocation of $33,804,764 from lottery surplus funds. The new appropriations are designated under fund 3951 for fiscal year 2025 and organization 0402, ensuring that the funds are available for expenditure during the specified fiscal year.