Assembly Bill 641 establishes the University of Wisconsin Missing-in-Action Recovery and Identification Project (MIA Recovery Project) and allocates funding for its operations. The bill mandates that the Board of Regents of the University of Wisconsin System provide $500,000 annually for the 2025-27 fiscal biennium to support missions aimed at recovering and identifying Wisconsin veterans who are missing in action. This funding is created under a new statute, 20.855 (4) (bg), which designates the MIA Recovery Project as a continuing appropriation.

Additionally, the bill requires the MIA Recovery Project to submit a comprehensive report at the conclusion of each mission. This report must include findings from the mission and an accounting of expenditures, and it is to be submitted to various stakeholders, including the Board of Regents, the joint committee on finance, legislative committees focused on veterans' issues, the governor, and relevant state departments.