House Bill No. introduced by J. Schillinger proposes the transfer of all unobligated and unexpended funds from the debt and liability free account into the coal severance tax permanent fund. This transfer must occur within 10 days after the bill's effective date. Additionally, the bill appropriates $100 from the general fund to the Department of Revenue for the biennium beginning July 1, 2025, to facilitate the implementation of the act.

The bill also includes a coordination instruction that stipulates if this act is passed and Senate Bill No. 90 is not approved, the transfer of funds will instead be directed to the Montana school facilities fund. The act is set to take effect immediately upon passage and approval.