This bill proposes a supplemental appropriation to the Department of Economic Development, specifically the Office of the Secretary, for the fiscal year ending June 30, 2025. It aims to add a new item of appropriation under fund 0256 for a total of $41,159,321 designated for Site-Ready Projects, SEED, Vo-Tech, and Workforce Investments. The bill is based on the Governor's Executive Budget Document, which indicates an unappropriated surplus balance in the State Fund, General Revenue, available for appropriation.

Additionally, the bill stipulates that any unexpended balance from this appropriation at the end of fiscal year 2025 will be reappropriated for use in fiscal year 2026. This ensures that funds allocated for these projects can continue to be utilized in the following fiscal year if not fully spent. The overall intent of the bill is to enhance funding for economic development initiatives in West Virginia.