This bill establishes a School Safety Grant Program under Minnesota Statutes, section 299A.625, aimed at funding safety improvements in schools. It defines key terms related to safety projects, including "capital safety improvement project" and "noncapital safety improvements," and outlines eligibility criteria for applicants, which can include public entities, Tribal governments, or private entities. The Minnesota School Safety Center is tasked with creating a list of approved vendors for security services and products, and grant applications must include detailed project descriptions, cost estimates, and other relevant information. The bill also prioritizes grant requests based on local support, project need, and long-term maintenance costs.

Additionally, the bill creates a School Safety Improvement Account in the special revenue fund, which will be funded through appropriations for school safety improvements. It appropriates $1 billion from the bond proceeds fund for capital safety improvement projects and includes a provision for transferring funds from the general fund for additional safety improvement projects. The Minnesota School Safety Center is required to report annually on the grants awarded, detailing the total distributed, recipients, and supported projects.