TO PROVIDE FUNDING FOR THE CORRECTIONAL FACILITIES SET-ASIDE; TO PROVIDE FOR THE TRANSFER OF FUNDS FROM THE SECURITIES RESERVE FUND; AND TO DECLARE AN EMERGENCY.

Senate Bill 633 aimed to provide significant funding for the state's correctional facilities, directly affecting state financial reserves and the Department of Corrections. It proposed transferring $125 million from the Securities Reserve Fund to the Correctional Facilities Set-Aside in July 2025, with an additional $45 million in July 2026. The bill also mandated an immediate transfer of $250 million from the General Revenue Allotment Reserve Fund to the Correctional Facilities Set-Aside. Furthermore, it required the Department of Corrections to submit quarterly reports to legislative committees on prison construction activity, including costs, design, and timelines.