The bill appropriates $7,000,000 from the general fund for the Rice Creek Watershed District to support flood hazard mitigation projects in the Interstate Highway 35W corridor. The funding is designated for constructing water storage and treatment basins, as well as enhancing water conveyance systems, specifically aimed at alleviating flooding issues in the cities of New Brighton, St. Anthony Village, and Roseville. This appropriation is a one-time allocation 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 associated projects can commence promptly to address the flooding concerns in the specified areas.