The bill establishes the Wyoming Imagination Library Program, aimed at promoting literacy among children from birth to five years of age. It creates a framework for the program, which will be administered by the Department of Education, and defines key terms such as "county based affiliate program," "participating county," and "registered eligible child." The program will provide at least one age-appropriate book monthly to each registered eligible child in participating counties at no cost to families. Additionally, the Department of Education will collaborate with a qualified nonprofit to enhance the program's reach and effectiveness, including developing public awareness campaigns and managing funding.

To support the program, the bill creates the Wyoming Imagination Library Program account, which will receive legislative appropriations, grants, and donations. Each county-based affiliate program is required to contribute 50% of the funds needed for its operation, with the Department of Education managing these funds and providing matching support from the account as available. The bill includes an appropriation from the general fund to the newly created account and stipulates that the funds will not lapse or revert, ensuring ongoing support for the program. The act is set to take effect on July 1, 2025.