This bill proposes a supplemental appropriation from the State Fund, specifically the Excess Lottery Fund, to the State Board of Education for the fiscal year ending June 30, 2026. It aims to add a new item of appropriation for the Hope Scholarship Program, allocating $12,664,710 from the lottery surplus. The bill is based on the Governor's Executive Budget Document, which indicates an unappropriated surplus balance in the State Treasury available for appropriation during the specified fiscal year.

The new appropriation will be categorized under fund 3517 for fiscal year 2026 and organization 0402. This addition is intended to enhance funding for the Department of Education, specifically to support the Hope Scholarship Program, thereby facilitating educational opportunities for students in West Virginia.