This bill pertains to the transportation sector in Minnesota, specifically focusing on the reconstruction of Trunk Highway 75, which runs from the city of Luverne to the city of Pipestone. It includes an appropriation of funds from the bond proceeds account in the trunk highway fund to the commissioner of transportation for various stages of the project, including preliminary design, final design, engineering, construction, and reconstruction. The specific amount of the appropriation is yet to be determined, as indicated by the placeholder "$.......".

Additionally, the bill authorizes the sale and issuance of state bonds to finance the appropriated funds. The commissioner of management and budget is tasked with selling and issuing bonds up to a specified amount, also yet to be determined, in accordance with existing Minnesota statutes and constitutional provisions. The proceeds from these bonds, excluding any accrued interest and premiums, will be deposited back into the bond proceeds account in the trunk highway fund. The bill is set to take effect the day after it is enacted.