The bill establishes a new Cybersecurity and Resiliency Fund within the state treasury, designated as Section 67-838 of the Idaho Code. This fund will consist of moneys provided by legislative appropriation or transfer, and all funds will be continually appropriated for addressing the state's needs in information technology infrastructure and cybersecurity technology. The state treasurer is tasked with investing the idle moneys in the fund, with the interest earned being retained for the fund's purposes. Additionally, the Office of Information Technology Services is required to create and annually update a five-year plan for the replacement of technology infrastructure and cybersecurity technology, as well as account for expenditures from the fund.

The bill defines "cybersecurity technology" and "information technology infrastructure," outlining the specific technologies and components that fall under these categories. An emergency clause is included, declaring that the act will take effect on July 1, 2025.