This bill aims to enhance education finance in Minnesota by increasing funding for library online databases. It appropriates funds from the general fund to the Department of Education for specific fiscal years, ensuring that resources are allocated effectively to support educational institutions.

The bill specifically establishes an appropriation for the "Electronic Library for Minnesota," which will provide statewide licenses to online databases. These licenses will be selected in collaboration with the Minnesota Office of Higher Education and will benefit various libraries, including school media centers, public libraries, state government agency libraries, and both public and private college or university libraries.