The bill establishes the "court emergency property reserve fund" as a nonreverting fund within the state treasury, which will be managed by the administrative office of the courts. This fund is intended to cover costs associated with emergency repairs, reconstruction, or replacement of court-owned property that are not covered by warranties, capital appropriations, or insurance. Additionally, the fund can be used for administrative expenses related to its management. The fund will consist of appropriated money from the legislature, which will be invested by the state treasurer, with any earnings credited back to the fund. Importantly, any unexpended or unencumbered balances at the end of a fiscal year will not revert.

An appropriation of $450,000 is made from the general fund to the court emergency property reserve fund for use in fiscal year 2026 and subsequent years. Similar to the fund's balances, any unexpended or unencumbered amounts at the end of a fiscal year will not revert to the general fund. The provisions of this act are set to take effect on July 1, 2025.