The bill proposes a comprehensive budget for various capital projects and grants across multiple state departments in Alaska, totaling $2,739,766,433. It allocates significant funding for initiatives such as the Village Safe Water and Wastewater Infrastructure Projects, with an allocation of $437,855,900, and $85,300,000 for the UAF Seward Marine Center Infrastructure and Shore Side Ship Support Facility Renewal and Replacement. Other notable funding includes $1,513,413,177 in federal receipts for the Department of Transportation and Public Facilities and $91,600,000 for the University of Alaska. The bill also outlines reappropriations for specific programs, such as $234,500 for the Alaska Energy Authority's electrical emergencies program.

Additionally, the bill addresses the appropriation of insurance claims and the allocation of funds from the National Petroleum Reserve - Alaska impact grant program, estimated at $29,500,000. It includes provisions for tax credits for renewable energy projects and the proceeds from the sale of state-owned vessels and aircraft. The appropriations are designed to lapse under AS 37.25.020 unless otherwise noted, ensuring timely utilization of funds. Certain sections of the bill will take effect on June 30, 2025, while the remainder will take effect on July 1, 2025, reflecting a strategic investment in infrastructure, public safety, and community development to enhance the quality of life for Alaskans and support economic growth.