This bill appropriates additional funds to the Office of Energy and Mineral Resources for the fiscal year 2026, totaling $529,300, which includes $11,300 from the Miscellaneous Revenue Fund. However, the bill also reduces the overall appropriation by $48,300, with specific cuts of $30,400 from the Renewable Energy Resources Fund and $17,900 from the Petroleum Price Violation Fund. Additionally, the bill authorizes an increase of one full-time equivalent position for the Office for the same fiscal period.

Furthermore, the bill mandates that the Office of Energy and Mineral Resources submit a report to the Joint Finance-Appropriations Committee by December 1, 2025, detailing the use of funds appropriated for the Strategic Permitting, Efficiency, and Economic Development Council (SPEED). This report must include measurable actions, project overviews, and justifications for ongoing funding, with the format subject to approval by the Budget and Policy Analysis Division. The bill declares an emergency, making it effective from July 1, 2025.