The bill proposes an appropriation of $500,000 from the general fund for the city of South St. Paul to predesign and design a new swimming pool and aquatics center. This funding is allocated to the commissioner of employment and economic development and is intended to support the initial stages of the project. The appropriation is designated as a one-time funding source 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 it will take effect the day following its final enactment. This ensures that the funding can be accessed promptly to facilitate the planning and design of the new facility.