The bill proposes an appropriation of $8,000,000 from the general fund for the fiscal year 2025 to support the Asian American Business Resiliency Network, a nonprofit organization. The funds are designated for various stages of development, including predesign, design, renovation, construction, furnishing, and equipping of a new world cultural heritage corridor located at 425 Rice Street in St. Paul.

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. The bill aims to enhance the cultural and economic resilience of the Asian American community through this significant investment in infrastructure.