House Bill No. 4 appropriates funds from the interest earnings on the American Rescue Plan Act of 2021 for various state projects, mandating the state treasurer to transfer specific amounts to designated accounts by a specified deadline. Notable transfers include $1,749,052 to the natural resources projects special revenue account, $2,250,000 for water and wastewater projects, and $224,500 for irrigation projects, with the remainder allocated to the capital developments long-range building program account. The bill also requires the state treasurer to deposit all interest earnings from the American Rescue Plan Act funds directly into the capital developments long-range building program account on a quarterly basis until December 30, 2026, ensuring timely utilization of the funds.

The bill further introduces new provisions for the transfer of funds, allowing remaining appropriations of federal ARPA funds to continue into state fiscal year 2027. It highlights specific appropriations for various programs, including community justice workers and environmental quality initiatives, while also authorizing the continuation of budget amendment authority into future fiscal years for programs like the Help America Vote Act. Additionally, the bill modifies existing programs, with deletions such as the "US 93 North Ninepipe corridor reconstruction project," emphasizing the importance of addressing environmental concerns, public health infrastructure, and community development through various grants and funding opportunities. Overall, the legislation aims to ensure effective allocation and continuation of funds to support essential services and programs across multiple state agencies.