(1) On June 30, 2025, the state treasurer shall transfer the balance of the following cash funds to the general fund:
- (a) The rural schools cash fund created in section 22-54-142 (5), as it existed prior to its repeal on July 1, 2023;
- (b) The teacher residency expansion program fund created in section 22-60.3-106, as it existed prior to its repeal on July 1, 2023; and
- (c) The public education fund created in section 39-22-4203, as it existed prior to its repeal on January 1, 2019.
- (2) On July 1, 2025, the state treasurer shall transfer the balance of the nutrients grant fund created in section 25-8-608.5, as it existed prior to its repeal on September 1, 2016, to the general fund.
- (3) This section is repealed, effective July 1, 2026.
Source: L. 2025: Entire section added, (SB 25-264), ch. 129, p. 505, § 30, effective April 25.