The bill provides a specific aid penalty forgiveness for the city of Stewart for the year 2023. It stipulates that, despite the provisions of Minnesota Statutes, section 477A.017, subdivision 3, the city will receive its aid payment that was previously withheld, contingent upon the state auditor certifying that the city submitted its annual financial reporting form for 2022 by June 1, 2025. The commissioner of revenue is required to make a payment of $87,501.50 to the city by June 30, 2025, with the necessary funds appropriated from the general fund for fiscal year 2025.

Additionally, the bill includes a provision stating that it will take effect the day after it is enacted. This legislation aims to ensure that the city of Stewart receives the financial support it is entitled to, while also establishing a clear timeline for compliance and payment.