The bill establishes two new funds within the state treasury: the Behavioral Health Trust Fund and the Behavioral Health Program Fund. The Behavioral Health Trust Fund is a nonreverting fund that will consist of various sources such as distributions, appropriations, gifts, grants, and donations, with income from investments credited to it. The state investment officer is tasked with investing the fund's money according to the prudent investor rule and must report quarterly on these investments. Starting July 1, 2026, and annually thereafter, a distribution of five percent of the average year-end market values of the trust fund will be made to the Behavioral Health Program Fund.

The Behavioral Health Program Fund will also consist of similar financial sources and will be administered by the health care authority. This fund is designated for appropriations to support services and programs related to behavioral health, including mental health and substance misuse treatment, necessary infrastructure, and matching funds for federal and private grants. Expenditures from this fund will require warrants from the secretary of finance and administration, and any unspent balance at the end of the fiscal year will revert to the Behavioral Health Trust Fund.