This bill outlines appropriations and fund transfers for the fiscal years 2026 and 2027 in Idaho. It includes provisions for transferring $5,803,500 from the Permanent Building Fund to the Legislative Account, as well as $13,000,000 from the Idaho Broadband Fund and remaining balances from the School District Building Account to the General Fund for fiscal year 2026. Additionally, it allows for the transfer of funds from the Twenty-seventh Payroll Fund to the General Fund if revenue targets are not met. The bill also appropriates funds from the American Rescue Plan Act to the Strategic Initiatives Fund and the Fire Suppression Deficiency Warrant Fund for fiscal year 2026.

For fiscal year 2027, the bill mandates a reduction in the transfer from the General Fund to the Legislative Account and includes provisions for transferring interest earnings from various funds, such as the Budget Stabilization Fund and the Public Education Stabilization Fund, to the General Fund. These transfers are intended to ensure a minimum General Fund ending cash balance of $150,000,000. The bill declares an emergency, making certain sections effective immediately upon passage, while others will take effect on July 1, 2026.