The bill provides an appropriation for the commissioner of university and school lands to cover expenses for the biennium from July 1, 2025, to June 30, 2027. It includes a total special funds appropriation of $11,960,015, which encompasses salaries and wages, operating expenses, and contingencies. Notably, the bill introduces a new line item for "Base Level Enhancements Appropriation" and allocates $100,000 for contingencies. Additionally, it establishes a new and vacant FTE pool, allowing for the potential transfer of funds to the salaries and wages line item upon request.

Furthermore, the bill mandates the distribution of funds from permanent funds to various state institutions, totaling $617,283,338, with specific allocations for common schools, universities, and other educational facilities. It also requires the commissioner of university and school lands to collaborate with the commissioner of commerce to explore revenue diversification and development opportunities on trust lands, with a report to be submitted to the appropriations committees of the seventieth legislative assembly. The bill reflects a comprehensive approach to funding and resource management for educational institutions in North Dakota.