This bill establishes a one-time emergency rental assistance aid program for counties and Tribal governments in Minnesota, appropriating a total of $50 million from the general fund for fiscal year 2026. Specifically, $44 million is designated for counties and $6 million for Tribal governments. The commissioner of revenue is required to distribute these funds within 15 days of the bill's enactment, using a specified county distribution formula. The funds must be utilized exclusively for rental assistance to eligible households, which must meet certain criteria, including having an income at or below 200% of the federal poverty level and being at risk of homelessness.

Additionally, the bill mandates that counties and Tribal governments must spend the received aid within 180 days, returning any unspent funds to the commissioner of revenue, which will then be canceled to the general fund. The rental assistance can be administered by entities authorized to manage family homeless prevention and assistance programs. The bill also clarifies the definition of "Tribal government" as per existing Minnesota statutes. The provisions of this bill will take effect the day after it is enacted.