The bill establishes a new local government aid program specifically for fire protection and emergency medical services (EMS) special taxing districts in Minnesota. It introduces a new section in the Minnesota Statutes, chapter 477A, which outlines definitions and calculations for determining aid amounts based on population and area factors. The aid is calculated using a formula that considers the population and area of the special taxing districts, with specific allowances for both. The bill also mandates that the commissioner of revenue will oversee the calculations and distribution of aid, ensuring that the total aid aligns with the appropriated budget for that year.

Additionally, the bill includes provisions for the commissioner to request necessary information from special taxing districts and counties to accurately determine aid payments. It specifies that aid payments will be made annually, with notifications sent to the districts regarding their aid amounts and the factors used in the calculations. An appropriation from the general fund is also included to support these payments, with the program set to take effect for aids payable in 2025.