The bill HB2899/SB1737 is a budget reconciliation bill for the fiscal year 2025 that includes adjustments to capital outlay appropriations for various Arizona state agencies and projects. Key changes involve reductions in previously allocated funds for specific projects, such as the reduction of the FY 2024 appropriation to the Arizona Department of Transportation for the Town of Queen Creek from $87,500,000 to $59,800,000, and the deferral of a $9,240,000 appropriation for Pinal County's West Pinal Parkway East-West Corridor from FY 2024 to FY 2028. Additionally, the bill requires the Department of Veterans' Services to seek approval for a proposed site location in northwestern Arizona and exempts a $25,000,000 reappropriation to the department from lapsing.

The bill also includes provisions for the reallocation of funds for highway projects, such as improvements to State Routes 90, 303, 347, and U.S. Routes 191 and 60, and the construction of an overpass at Riggs Road and State Route 347. It exempts certain appropriations from review by the Joint Committee on Capital Review and mandates reports on highway construction expenses and aviation grant awards. Furthermore, the bill deems certain projects to have been favorably reviewed by the joint committee, exempts some appropriations from lapsing, and sets conditions on the use of appropriated funds for personal services and project management. The bill becomes effective upon the Governor's signature.