Adding new item of appropriation to State Board of Education

SB 773 adds a $33.8 million budget allocation from unspent lottery funds to the State Board of Education for the Hope Scholarship Program during fiscal year 2025. This bill directly affects the Hope Scholarship Program, which provides education funding, by using surplus lottery revenue that was not previously allocated. The funding mechanism is a simple reallocation of existing unappropriated lottery surplus funds to an established program, with no new policy changes or eligibility requirements. The bill does not create new spending but modifies the budget to include this specific line item for the program's use during the 2025 fiscal year.