AN ACT to amend and reenact sections 15.1-27-04.1, 15.1-32-19, 15.1-36-02, 48-01.2-02.1, 48-01.2-10, and 57-15-14.2 of the North Dakota Century Code, and section 15.1-36-08 as amended by section 1 of Senate Bill No. 2149, as approved by the sixty-ninth legislative assembly, relating to the determination of state aid, boarding care costs, the coal development trust fund, the school construction assistance revolving loan fund, public improvement construction, bonds from contractors for public improvements, and school district levies; and to provide an effective date.

Added mineral revenue received through direct allocation from the state treasurer as a component of baseline funding.

Added revenue from payments in lieu of taxes on homestead credit and disabled veterans credit to baseline funding.

Modified tuition calculation exclusions to include specific exceptions for residential treatment facilities, adult farm management programs, and phased exclusions for federal impact aid tuition from 2021-22 through 2024-25.

Added new provisions to adjust baseline funding per weighted student unit for districts that become elementary districts after the 2017-18 school year.

Modified the annual reduction of baseline funding per weighted student unit, starting with a 40% reduction in 2023-24 and increasing by 15% each subsequent year.

Added requirements to reduce baseline funding for districts that convert to elementary status, with proportional reductions based on weighted student units.

Expanded the bill's scope to include additional sections of the North Dakota Century Code related to boarding care costs, coal development trust fund, and school construction assistance revolving loan fund.