House Bill No. by Representative McFarland proposes the transfer of $144,268,468 from the State General Fund to the Budget Stabilization Fund, utilizing nonrecurring revenues from the Fiscal Year 2024-2025 surplus as recognized by the Revenue Estimating Conference. This transfer represents 25% of the surplus and is authorized notwithstanding any conflicting provisions of law.

The bill stipulates that it will become effective either upon the governor's signature or, if not signed, upon the expiration of the time for bills to become law without the governor's signature, as outlined in Article III, Section 18 of the Louisiana Constitution. If the bill is vetoed and later approved by the legislature, it will take effect the day after such approval.