This bill establishes and reestablishes agency ancillary funds, specifically internal service funds, auxiliary accounts, or enterprise funds for various state institutions, officials, and agencies in Louisiana. It appropriates funds for the Fiscal Year 2024-2025, detailing the use of these funds for working capital in public service, auxiliary service, and interagency service operations. The bill mandates that all receipts be deposited in the state treasury, with disbursements made by the state treasurer based on the amounts deposited. Additionally, it outlines the process for transferring unexpended cash balances and the requirements for agencies to liquidate assets if not reestablished in the subsequent year's Act.

The bill also includes provisions for the management of funds, including the requirement for agencies with significant appropriations to include internal auditing positions in their budget requests. It emphasizes the importance of adhering to public bid laws and provides definitions for terms used within the Act. Furthermore, it allows for the transfer of functions and resources between departments to optimize operations and achieve cost savings. The bill is set to take effect on July 1, 2024, and includes various appropriations for specific agencies, detailing their expenditures and means of financing for the upcoming fiscal year.