This bill appropriates funds for the commissioner of university and school lands 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 specifies a contingency fund of $100,000. Additionally, it establishes a new and vacant full-time equivalent (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, which includes allocations for common schools, state 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 next legislative assembly.