The bill establishes priorities for the awarding of cultural and aesthetic project grants by the Montana arts council and appropriates funds for these grants. It specifies that the council will award grants based on the amounts appropriated in the bill, with a total of $953,500 allocated for various projects for the biennium ending June 30, 2027. Additionally, it appropriates $30,000 specifically for the care and conservation of capitol complex artwork. The bill mandates that grant recipients must acknowledge support from the coal tax in their promotional materials.

Several changes to the list of grant recipients are included, with some organizations being removed from the funding list, such as the Emerson Center for the Arts & Culture and the Billings Symphony Society, while others, like the Alpine Theatre Project, have increased funding amounts. The bill also outlines that if the funds in the cultural and aesthetic projects trust fund are insufficient, reductions will be made on a pro rata basis for projects exceeding $2,000. The act is set to take effect on July 1, 2025.