The bill establishes the "Monument to America Development and Oversight Task Force," which will include the governor or their designee, tribal liaisons, legislative leaders, and any willing former governors or legislative leaders. The task force is tasked with developing specifications and plans for a monument commemorating the 250th anniversary of the Declaration of Independence, aiming for a design similar to Mount Rushmore that honors significant historical American figures, including Native American leaders. The task force will also identify a suitable location for the monument, preferably on school trust lands, and is required to submit recommendations to the governor and relevant legislative committees by July 4, 2026.

Additionally, the bill appropriates $40,000 from the general fund for compensating non-legislative task force members and another $40,000 for active legislative members. These funds are designated for use until June 30, 2027, and any unspent funds will revert as per the law. The task force will be supported by the Department of State Parks and Cultural Resources, with assistance from the Department of Tourism and the State Geologist as needed. The task force is set to dissolve on June 30, 2027, and the act will take effect immediately upon its passage.