The bill titled "An Act making appropriations, including capital appropriations, supplemental appropriations, and reappropriations; making appropriations to capitalize funds; and providing for an effective date" outlines various appropriations for capital projects and grants across multiple state departments in Alaska. It specifies funding allocations from the general fund and other sources for agencies such as the Department of Commerce, Community, and Economic Development, the Department of Environmental Conservation, and the Department of Transportation and Public Facilities, among others. The total budget proposed in the bill amounts to $2,037,688,446, with detailed funding sources and amounts provided for each department.

Additionally, the bill includes provisions for reappropriating unexpended balances from previous appropriations, such as the estimated $650,000 from the Alaska Energy Authority for federal matching funds. It also addresses the handling of federal receipts and insurance claims, ensuring that any excess funds received during the fiscal year are appropriated in compliance with existing laws. The bill stipulates that certain appropriations will lapse unless otherwise noted, and it establishes effective dates for various sections, with most provisions taking effect on July 1, 2026.