The proposed bill outlines an appropriation for the commissioner of university and school lands in North Dakota, aimed at covering expenses for the biennium from July 1, 2025, to June 30, 2027. Key financial adjustments include an increase in salaries and wages, with a total appropriation of $11,960,015 from special funds, which reflects a new full-time equivalent (FTE) position, bringing the total to 34. The bill also specifies that the commissioner may not spend funds from the new and vacant FTE pool without a transfer request to the office of management and budget.

Additionally, the bill mandates distributions from permanent funds to various state institutions, totaling $617,283,338, which includes allocations for common schools, state universities, and other educational facilities. Furthermore, it 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.