This bill proposes the creation of a new chapter in Title 15.1 of the North Dakota Century Code, which establishes a state-funded construction program for kindergarten through grade twelve school facilities. To qualify for state funding, school districts must submit a report to the superintendent of public instruction demonstrating specific criteria, including the cost of renovation exceeding sixty percent of new construction costs, evidence of a failed referendum for construction or renovation, and a plan for maintaining the new building. The bill outlines various funding rates based on the value of a mill for each school district, with the state contributing between five to ninety-five percent of construction costs depending on the district's mill value.

Additionally, the bill appropriates $600 million from the general fund for a new school building construction grant program for the biennium starting July 1, 2025, and ending June 30, 2027. It also includes provisions for the selection of architectural firms and construction managers, emphasizing the importance of local presence and experience in school construction projects. The act is set to expire on July 1, 2035, unless extended.