This bill proposes a special appropriation to the Department of Education and Early Development, ensuring that the base student allocation for public education remains consistent with the funding level established for fiscal year 2025. Specifically, it allocates $6,640 per student, which will be distributed as grants to school districts based on their average daily membership, as calculated under the public school funding formula. The funding is contingent upon the appropriations for state aid for public schools that will take effect in the fiscal year ending June 30, 2026.

The bill also stipulates that it will take effect on July 1, 2025, aligning the funding provisions with the upcoming fiscal year. This legislative action aims to maintain stable financial support for public education in Alaska, ensuring that school districts can adequately plan and budget for the educational needs of their students.