The bill proposes an appropriation of $5,000,000 from the bond proceeds fund to the commissioner of employment and economic development for a grant to Washington County. This funding is designated for the construction of an emergency housing services building in Stillwater, Minnesota.
To facilitate this appropriation, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $5,000,000. The sale and issuance of these bonds will be conducted in accordance with existing Minnesota statutes and constitutional provisions. The bill will take effect the day following its final enactment.