The bill proposes an appropriation of $50,000,000 from the general fund for the planning and design of a grade-separated interchange at the intersection of Trunk Highway 36 and Trunk Highway 120. This funding is designated for the commissioner of transportation to acquire property, design, construct, furnish, and equip the interchange. The appropriation is a one-time allocation for fiscal year 2024 and will remain available until the project is either completed or abandoned, in accordance with Minnesota Statutes, section 16A.642.

Additionally, the bill includes a provision stating that the section will take effect the day following its final enactment. This ensures that the funding and project planning can commence promptly after the legislative process is completed.