The bill authorizes the Government to finance part of Québec’s expenditure budget for fiscal year 2026-2027. It permits a maximum of $81,686,460,965.00 to be drawn from the general fund of the Consolidated Revenue Fund. This amount represents the voted appropriations for the programs listed in Schedule 1, less the $32,120,000,735.00 in appropriations already authorized under the Appropriation Act No. 1, 2026-2027 (2026, chapter 3).

Schedule 1 allocates the appropriations among portfolios and their programs. The allocations include $30,403,560,450.00 for the Health and Social Services portfolio, $13,721,634,675.00 for the Treasury Board, Government Administration and Government Efficiency portfolio, $12,580,939,400.00 for Education and $6,569,204,700.00 for Higher Education. For a program with a net appropriation, the bill permits the appropriation to increase when the revenues associated with it exceed the amounts forecast, subject to the applicable conditions. It also authorizes the Conseil du trésor to approve specified transfers of appropriations between programs or portfolios. For transfers between programs within the same portfolio that do not involve an amount set aside for that purpose, the transfer may not increase or decrease the appropriation authorized by the Act by more than 15.0%, after any applicable deduction for a provision.

Schedule 2 approves the balance of the special funds’ expenditure and investment forecasts for 2026-2027: $17,973,093,614.00 in expenditures and $4,827,072,775.00 in investments. Schedule 3 approves, for fiscal year 2024-2025, expenditure overruns totalling $2,001,225,100.00 and investment overruns totalling $782,614,900.00 for the funds listed in that schedule.

The Act comes into force on the date of its assent.