The bill authorizes significant capital investment spending for the acquisition and improvement of public land and buildings, as well as various infrastructure projects, while establishing new programs and modifying existing ones. It allows for the sale and issuance of state bonds, with a total bond issuance amount of up to $1,372,535,000 from the bond proceeds fund and $195,000,000 from the state transportation fund. Key provisions include appropriations for educational and public facilities, environmental projects, and infrastructure improvements, with specific allocations for flood hazard mitigation, accessibility enhancements, and the development of state trails. The bill also mandates reporting requirements for the Board of Regents and the Board of Trustees of the Minnesota State Colleges and Universities regarding fund allocation and spending.

Additionally, the bill introduces several grant programs aimed at enhancing housing development, improving public library accessibility, and supporting active transportation initiatives. It establishes a new Lead Service Line Replacement Grant Program to fund the removal of lead drinking water service lines, with a focus on prioritizing municipalities that aim to eliminate all lead service lines. The bill also appropriates funds for various phases of improvement projects at the Rochester International Airport and updates grant allocations for projects across the state, ensuring compliance with existing laws. Overall, the bill aims to enhance Minnesota's infrastructure, environmental conservation, and public services through targeted funding and project development.

Statutes affected:
1st Engrossment: 16A.966, 116J.417, 134.45, 174.38
1st Engrossment: 16A.966, 116J.417, 134.45, 174.38