The bill appropriates $3,429,000 from the bond proceeds fund to the Board of Trustees of the Minnesota State Colleges and Universities for the design, demolition, and replacement of the Education Building at St. Cloud State University. This funding is aimed at improving the campus facilities and ensuring that the new Education Building meets the needs of students and faculty.

To finance this appropriation, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $3,429,000, following the procedures outlined in Minnesota Statutes and the Minnesota Constitution. The effective date of this section is set for the day following its final enactment.