The bill proposes the appropriation of $15,000,000 from the bond proceeds fund to the Metropolitan Council specifically for metropolitan cities inflow and infiltration grants, as outlined in Minnesota Statutes, section 473.5491. This funding aims to address issues related to water management in metropolitan areas.

To facilitate this appropriation, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the same amount of $15,000,000, following the procedures established in Minnesota Statutes, sections 16A.631 to 16A.675, and in accordance with the Minnesota Constitution, article XI, sections 4 to 7. The provisions of this bill will take effect the day after it is enacted.