This bill proposes to transfer $155,288,050 from the Governor's Office - Civil Contingent Fund to the unappropriated surplus balance of the State Fund, General Revenue, for the fiscal year ending June 30, 2025. The bill recognizes that the current balance in the Governor's Office - Civil Contingent Fund exceeds the necessary amount for its intended purposes. Consequently, the funds will be made available for appropriation in the upcoming fiscal year.

Additionally, the bill seeks to supplement and amend the appropriations for the Higher Education Policy Commission by creating a new line item under the Administrative-Control Account for fiscal year 2025. This new line item will allocate the transferred funds specifically for deferred maintenance of institutions, thereby increasing the overall appropriations for the Higher Education Policy Commission for that fiscal year. The legal language inserted into the bill includes the fund number (0589), fiscal year (2025), and organization (0441) for the new appropriation.