AI-generated summary. We recommend consulting the bill text for important decisions.

A new dedicated fund called the Corrections Facility Expansion Restricted Account creates a designated pool of money within the state's General Fund that can only be used to expand existing or build new state prisons. The account is funded by legislative appropriations for correctional capital costs, any budget savings that result from delayed cost increases when prison populations grow, investment earnings, and any additional money the Legislature chooses to add.