This bill addresses wildfire suppression, restoration, and rehabilitation in Wyoming by appropriating significant funds from the general fund for various programs aimed at mitigating the effects of wildfires that occurred in 2024. It allocates $1 million for the special contingency division of the governor's office, $1.26 million for the disaster contingency unit, and $30 million to the emergency fire suppression account. Additionally, it designates up to $20 million for the legislative stabilization reserve account to repay borrowed funds and appropriates $100 million for restoration projects related to grass, vegetation, and public infrastructure, as well as $10 million for watershed repair projects. The bill also creates a steering committee to oversee the grant process for these funds, which will not be subject to the usual requirements of the Wyoming Wildlife and Natural Resource Funding Act.

Furthermore, the bill authorizes the governor to borrow up to $30 million from the legislative stabilization reserve account if necessary to combat wildfires, with a reporting requirement to legislative leaders. It repeals a prior borrowing authorization and establishes a timeline for the steering committee's operations, which will conclude on December 31, 2026. The executive director of the Wyoming wildlife and natural resource trust account board is tasked with reporting on the expenditures of the appropriated funds annually until they are fully utilized. The act is effective immediately, with specific provisions regarding borrowing and repeal taking effect on July 1, 2025.