This bill proposes a supplemental appropriation to the State Board of Education, specifically the State Department of Education, for the fiscal year 2025. It aims to increase an existing item of appropriation from the unappropriated balance in the State Fund, General Revenue, which is available for appropriation during the fiscal year ending June 30, 2025. The Governor's Executive Budget Document, submitted on February 12, 2025, indicated that there is a sufficient unappropriated balance in the Treasury to support this increase.
The specific appropriation being increased is for the Hope Scholarship Program, with a total of $28,400,666 allocated from the General Revenue Fund. The bill includes new legal language that identifies the fund as 0313, the fiscal year as 2025, and the organization as 0402, ensuring clarity in the allocation of these funds for the designated spending unit.