The bill appropriates $17,140,000 from the bond proceeds fund to the Board of Trustees of the Minnesota State Colleges and Universities for the purpose of designing, renovating, and equipping student services space at Riverland Community College's Austin campus. This funding is intended to enhance the facilities and services available to students at the college.

To finance this appropriation, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the same amount of $17,140,000. The issuance of these bonds will be conducted in accordance with the relevant Minnesota Statutes and the Minnesota Constitution. The provisions of this bill will take effect the day after it is enacted.