This bill, S.F. No. 1819, relates to education finance in Minnesota, specifically aiming to increase special education cross subsidy aid. It amends Minnesota Statutes 2024, section 125A.76, subdivision 2e, by adjusting the cross subsidy aid factor—which determines the amount of aid a school district receives to help cover the gap between special education costs and state/federal funding.

The changes include: - Keeping the cross subsidy aid factor at 6.43% for fiscal year 2023, - Maintaining 44% for fiscal years 2024 and 2025, - Increasing it to 50% for fiscal year 2026, and
- Further increasing it to 54% for fiscal year 2027 and beyond.

This increase in aid is intended to alleviate financial pressures on school districts by covering a greater portion of their special education funding shortfalls.