The bill outlines appropriations for various state departments in New Hampshire for the fiscal years ending June 30, 2026, and June 30, 2027, emphasizing significant budget reductions across multiple departments. It mandates that any revenue expenditures exceeding estimates require prior approval from the fiscal committee and the governor, and specifies that appropriations for indirect costs must be transferred to the general fund in compliance with federal requirements. Additionally, it stipulates that certain appropriations will not lapse until June 30, 2027, and requires agencies renting private office space to occupy available state space if it becomes available due to program reductions.

The bill details specific reductions in appropriations, including a $3,000,000 cut each year for the Department of Environmental Services and a $25,500,000 annual reduction for the Department of Health and Human Services. Other departments, such as the Department of State and the Department of Corrections, will also experience cuts, with the latter facing a total reduction of $10,000,000 over the biennium. The Liquor Commission is required to reduce liquor fund appropriations by $1,000,000, utilizing excess revenue to meet this reduction. The bill projects total general fund revenue of $1,764,500,000 for FY 2026 and $1,809,100,000 for FY 2027, and it will take effect on July 1, 2025. No specific legal language insertions or deletions were noted in the provided text.