The bill aims to amend existing education finance laws by repealing a previously mandated contingent reduction in special education aid appropriations. Specifically, it removes the requirement for the Commissioner of Management and Budget to assume a $250,000,000 reduction in special education aid for the biennium beginning July 1, 2027, and for subsequent bienniums. Additionally, it eliminates the obligation for the legislature to identify provisions based on recommendations from the Blue Ribbon Commission on Special Education, as well as the associated requirements for the Commissioner of Education to adjust the special education cross subsidy aid factor if net savings fall short of the assumed reduction.

Furthermore, the bill includes a new provision stating that the amendments will take effect the day following final enactment. This change signifies a shift in the approach to funding special education, potentially providing more stability and support for special education programs without the previously anticipated cuts.