This bill provides a specific financial remedy for the city of Stewart by forgiving a penalty related to local government aid for the year 2023. It stipulates that, despite existing regulations under Minnesota Statutes, 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 total amount to be paid to the city is $87,501.50, which the commissioner of revenue is required to disburse by June 30, 2025.

Additionally, the bill includes a provision for a one-time appropriation from the general fund to cover this payment in fiscal year 2025. The effective date of this section is set for the day following its final enactment, ensuring prompt implementation of the aid forgiveness.