The bill provides for a one-time forgiveness of aid penalties for the city of Stewart, allowing it to receive its aid payment for the calendar year 2023 that was previously withheld. Specifically, it states that the city must receive this payment, amounting to $87,501.50, provided that the state auditor certifies the receipt of the city's annual financial reporting form for 2022 by June 1, 2025. The commissioner of revenue is tasked with making this payment by June 30, 2025, and the necessary funds are appropriated from the general fund for fiscal year 2025.

Additionally, the bill includes a provision that it will take effect the day following its final enactment. This legislation aims to support the city of Stewart by ensuring it receives the financial aid it is entitled to, despite the previous withholding of funds due to reporting issues.