The proposed bill seeks to update current statutes by introducing new appropriations and modifying existing funding allocations for various state projects. It would appropriate funds for specific infrastructure improvements, such as $41,400,000 for an overpass at Riggs Road and SR 347, and $27,000,000 for additional vehicle lanes on I-10. The bill also reduces existing appropriations for certain projects, including a decrease from $78,000,000 to $76,000,000 for the I-10 project in FY 2028, and removes funding for various other projects. Additionally, it deems several projects favorably reviewed by the Joint Committee on Capital Review (JCCR) and allows the Arizona Department of Administration (ADOA) to allocate up to five percent of capital outlay appropriations for project management. Moreover, the bill aims to streamline the funding process by exempting certain appropriations from JCCR review and requiring the Arizona Department of Transportation (ADOT) to report on its highway construction expenses. It also mandates that any excess balances in the state aviation fund be appropriated for airport improvements and requires a report on aviation grant awards by December 31, 2025. Overall, these updates are designed to enhance the efficiency and accountability of funding for state infrastructure projects while ensuring compliance with budgetary constraints.