This bill proposes a supplemental appropriation to the State Board of Education for the fiscal year ending June 30, 2025. It aims to increase the existing appropriation for the Hope Scholarship Program, which is part of the State Department of Education's budget. The bill references the unappropriated balance in the State Fund, General Revenue, indicating that there are available funds for this increase as outlined in the Governor's Executive Budget Document submitted to the Legislature.
Specifically, the bill details the appropriation for the Hope Scholarship Program, allocating a total of $28,400,666 from the General Revenue Fund for the fiscal year 2025. The legal language inserted into the current law includes the fund number (0313), fiscal year (2025), and organization number (0402), which are necessary for the proper identification of the budgetary item being amended.