This bill authorizes a Post-Secondary Enrollment Options (PSEO) adjustment specifically for Independent School District No. 186 in Pequot Lakes, Minnesota. It includes an appropriation from the general fund to the Department of Education for the fiscal year designated in the bill. The adjustment is intended to address discrepancies in PSEO information that affected the school district's funding.

The bill outlines a process for calculating the reduction in general education aid for the district due to PSEO students taking a combined course load that exceeds the average daily membership of 1.0. It mandates that 100 percent of the calculated reduction amount be reimbursed to the school district in fiscal year 2026, ensuring that the district receives the necessary funds to support its educational programs.