To revise school aid distribution provisions in the state school aid act to reflect the proposal in House Bill 4814 to establish procedures for dissolving a fiscally failed school district and attaching its territory to nearby districts, with its per-pupil state funding going to those districts. The bill appropriates $2.7 million to compensate the receiving districts for money diverted to pay the dissolved district's debt, and another $2.2 million as a "bonus" for taking the failed district's students, with this funding bump to continue for four years.