When, during the course of a school year or after the end of a school year, programs for children with disabilities are caused to be transferred from schools or institutions for the visually impaired or hearing impaired, or cerebral palsied or brain injured or muscular dystrophied or intellectually disabled, or socially and emotionally disabled, as provided for in sections 1376 and 1376.1,¹ to school districts or intermediate units, as provided for in sections 2509 and 2509.1,² and when such transfers necessitate the transfer of funds from the appropriation to the Department of Education for special education for approved private schools to the appropriation to the Department of Education for payments on account of special education of children with disabilities in public schools, the Secretary of Education shall be empowered to transfer such funds, upon approval of the Secretary of the Budget and written notification to the State Treasurer and the chairmen of the House and Senate Appropriations and Education Committees.