The bill appropriates funds for K-12 school building and facility projects in Wyoming for the fiscal biennium from July 1, 2024, to June 30, 2026. It specifies that funds allocated for school facility projects will remain effective until the completion of the projects, with any unspent funds reverting to the public school foundation program account. The bill outlines a process for the state construction department to report monthly on project progress and any deviations from the estimated deployment schedule. Additionally, it includes specific appropriations for various major maintenance projects across multiple school districts, as well as funding for a high school building project and associated costs.

Furthermore, the bill reappropriates up to $13.4 million from previously allocated funds to address inflationary costs for projects approved by the school facilities commission, ensuring that the original scope and design of these projects remain unchanged. The commission is required to report on the expenditure of these reappropriated funds. The act is set to take effect immediately upon completion of the necessary legislative processes.