Supplemental appropriations from the Education Trust Fund Advancement and Technology Fund to various school systems and colleges and universities, and other entities for fiscal year ending September 30, 2024.

HB 147 authorizes the state to distribute additional funding from the Education Trust Fund Advancement and Technology Fund for the fiscal year ending September 30, 2024. The bill allocates $191.6 million to public colleges and universities and $508.4 million to the Department of Education and various specialized school boards. The Department of Education is responsible for dividing the larger portion of the funds among local school districts across the state based on a specific allocation formula. This legislation provides extra financial resources to support existing educational institutions without changing how they currently operate or spend their money.