This bill amends the Fiscal Year 2026 annual appropriations act by removing the requirement for achieving $100 million in cost savings for the State Health Benefits Plan (SHBP). The current law mandates that representatives from the State Health Benefits Plan Design Committee (SHBPDC) submit proposals to achieve these savings, which must be verified by the State actuary. If the SHBPDC fails to agree on the necessary proposals, the Legislature is required to revise the statutory framework to ensure the savings are met, and if that does not occur, a designated representative from the State and a public employees representative must select cost-saving changes.

By eliminating these provisions, the bill effectively removes the structured process for achieving the specified cost savings and the associated deadlines for proposal submissions and verifications. This change simplifies the appropriations act by removing the obligations and potential complications tied to the SHBP cost savings requirements. The act is set to take effect immediately upon passage.