The bill establishes funding and a framework for wildfire suppression, restoration, and rehabilitation efforts in Wyoming, particularly in response to wildfires that occurred in 2024. It appropriates significant amounts from the general fund, including $1 million for the special contingency division of the governor's office, $1.26 million for the disaster contingency unit, and $30 million for the emergency fire suppression account. Additionally, it allocates up to $20 million for the legislative stabilization reserve account to repay borrowed funds and $100 million for restoration projects related to wildfire damage, with specific provisions to bypass the usual grant process for these funds. A steering committee is created to oversee the distribution of these funds, which includes legislative members and experts from various state departments.

The bill also authorizes the governor to borrow up to $30 million from the legislative stabilization reserve account if necessary to combat wildfires, with a requirement to report to legislative leaders upon exercising this authority. It repeals a prior borrowing authorization and sets effective dates for the provisions, with most taking effect immediately and specific sections related to borrowing and repeal effective on July 1, 2025.