The bill appropriates funds for K-12 school building and facility projects in Wyoming for the biennial period from July 1, 2024, to June 30, 2026. It specifies that any unexpended or unobligated funds from these appropriations will revert to the public school foundation program account at the end of the period. The bill also allows the school facilities commission to submit a supplemental budget request for emergency needs during the latter part of the biennium and mandates annual reporting by the state construction department on project progress and fund deployment.

Key appropriations include $2,267,302 for charter school leases, $80,186,767 for design and construction of various school projects, and $25,156,501 for major maintenance projects. Notably, the bill includes new funding allocations for specific projects, such as $826,682 for a secondary school in Laramie and $1,314,859 for an elementary school in Albany. The act is set to take effect on July 1, 2024.