This bill mandates the treasurer of state to allocate specific percentages of public funds from the general fund into certain precious metals and energy sectors. Specifically, it requires that twenty percent of the public moneys be invested in gold, silver, platinum, and palladium, while an additional ten percent must be directed towards equity interests in businesses involved in the production of these metals, as well as oil and natural gas.

The introduction of this investment strategy aims to diversify the state's investment portfolio and potentially enhance returns by tapping into the commodities market. The bill emphasizes the importance of these investments in supporting the state's financial health and aligns with broader economic interests in the precious metals and energy sectors.