The bill proposes an appropriation of $25,000,000 from the bond proceeds account in the trunk highway fund to the commissioner of transportation. This funding is designated for a grant to Carver County to facilitate the environmental analysis, property acquisition, design, engineering, and construction of improvements to marked Trunk Highway 5, specifically from Minnewashta Parkway to marked Trunk Highway 41 in Chanhassen. Notably, this appropriation does not require any nonstate contribution.

Additionally, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $25,000,000 to fund the appropriation. The proceeds from these bonds, excluding accrued interest and any premiums from the sale, will be deposited into the bond proceeds account in the trunk highway fund. The effective date of this section is set for the day following its final enactment.