The bill establishes an abandoned mine land grant program aimed at assisting local government entities in applying for grants from abandoned mine land funds. The program will be administered by the governor through the director or administrator of the abandoned mine land division. Local governments, including joint powers boards with the necessary approvals, can apply for these grants using prescribed forms. The priority for grant awards will be determined in accordance with federal law and relevant provisions, and the governor is tasked with consulting necessary parties to effectively manage the program. Additionally, the bill mandates that each grant application be reviewed within 120 days, and grants approved by both the state and the U.S. Department of the Interior will take precedence over other projects.

Furthermore, the bill requires the administrator of the abandoned mine land division to report annually to the joint appropriations committee, detailing all grant requests and approvals from the past two years. The governor is also given the authority to adopt rules for the implementation of the act, with a deadline set for July 1, 2024. The act will take effect immediately upon completion of legislative processes, except for Section 1, which will become effective on the specified date.