The bill aims to adjust the financial aid given to school districts in Minnesota that are going through the process of consolidation. Specifically, it changes how much money these districts receive in the year they consolidate and the following year. The financial aid is calculated based on the number of students in the district, with specified caps on the maximum number of students considered for this calculation. If the funds allocated for this aid aren't enough to cover all districts entitled to it, the bill prioritizes fully paying districts in their first year after consolidation before distributing any remaining funds to those in the year of consolidation.