The bill establishes an "accessibility account" within the state bond proceeds fund, specifically designated for capital improvements related to accessibility on state-owned properties. It outlines that funds from this account can only be used for capital expenditures on state-owned assets, which include predesign, design, construction, renovation, furnishing, and equipping accessibility improvements. The bill also identifies key project categories that are prioritized for funding, such as the removal of architectural barriers and enhancements to meet accessibility requirements for individuals with disabilities.

Additionally, the bill mandates the commissioner of administration to oversee the application process for funding, review applications, allocate funds based on priority, and submit an annual report detailing funded projects and future funding requests. An appropriation of $10 million is allocated from the accessibility account to the commissioner of administration, with provisions for the sale of bonds to generate the necessary funds. The effective date for the accessibility account provisions is set for July 1, 2024, while the appropriation section becomes effective immediately following final enactment.