Bill
Bill > HB3357
summary
Introduced
03/13/2025
03/13/2025
In Committee
03/13/2025
03/13/2025
Crossed Over
04/10/2025
04/10/2025
Passed
04/12/2025
04/12/2025
Dead
Signed/Enacted/Adopted
04/12/2025
04/12/2025
Introduced Session
2025 Regular Session
Bill Summary
AN ACT supplementing and amending the appropriations of public moneys out of the Treasury from the balance of moneys remaining as an unappropriated surplus balance in the State Fund, Lottery Net Profits, by adding a new item of appropriation to the State Board of Education, fund 3951, fiscal year 2025, organization 0402 for the fiscal year ending June 30, 2025.
AI Summary
This bill is a supplemental appropriation that allocates $33,804,764 from the Lottery Net Profits surplus to the Hope Scholarship Program for fiscal year 2025. The bill stems from the Governor's February 12, 2025 Executive Budget Document, which identified an unappropriated surplus balance in the State Treasury available for allocation. Specifically, the funds will be directed to the State Board of Education (Fund 3951, Organization 0402), with the intention of supporting the Hope Scholarship Program. The Hope Scholarship is likely an educational funding mechanism that provides financial support to students, though the specific details of the program are not elaborated in this bill text. The appropriation is designed to utilize excess lottery net profits to support educational initiatives, and the bill will take effect immediately upon passage, as indicated in the legislative documentation.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Approved by Governor 4/17/2025 (on 04/17/2025)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
Loading...