The bill seeks to amend various statutes in Wyoming to correct inadvertent errors and update obsolete references, particularly concerning the public school foundation program account. Key insertions throughout the bill reinforce the term "public school" in relation to the foundation program account, ensuring consistency in statutory language across sections related to state budget appropriations, capital construction funding, and reimbursement processes for school districts. The legislation also outlines the distribution of funds, specifying that revenues from taxes on skill-based amusement games and federal funds from the schools and libraries program will be deposited into the account. Additionally, it establishes provisions for interfund loans to ensure timely payments when dedicated revenues are unavailable.

Moreover, the bill introduces amendments regarding educational funding and property tax refunds, stipulating that no district can receive funds from educational facilities unless they are certified by the department of health and approved by the department of education. It allows the department of education to allocate up to $250,000 annually from the public school foundation program account for innovative program grants. The bill also clarifies civil liability protections for law enforcement officers acting in good faith and updates the criteria for a county-optional property tax refund program. Lastly, it establishes the Wyoming stable token administration account, mandating quarterly distributions of remaining funds to the public school foundation program account, with the act set to take effect on July 1, 2025.