This bill, passed on March 10, 2026, authorizes the expiration of $23,983,793 from the Governor's Office Civil Contingent Fund for the fiscal year 2024, transferring this amount to the unappropriated surplus balance in the State Fund, General Revenue, for the fiscal year ending June 30, 2026. The bill reflects the Governor's Executive Budget Document submitted to the Legislature, which indicated an available unappropriated surplus balance in the Treasury for the fiscal year 2026.

Additionally, the bill makes a supplementary appropriation of public funds from the unappropriated surplus balance to the Higher Education Policy Commission Administration Control Account for fiscal year 2026. The new appropriation item created under this bill is for "Institutional Deferred Maintenance - Surplus," with a total of $38,983,793 allocated to fund 0589, organization 0441. This amendment aims to enhance funding for higher education maintenance needs in the state.