The bill proposes an appropriation of $1,000,000 from the bond proceeds fund to the commissioner of the Pollution Control Agency. This funding is designated for a grant to Olmsted County to support predesign, engineering, and environmental analysis for a carbon capture, utilization, and storage system at the county's waste-to-energy facility. Additionally, the funds will be used for the predesign and design of a business incubator aimed at creating a technical training platform related to carbon sequestration at the facility.

To facilitate this appropriation, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $1,000,000. The bond issuance will follow the procedures outlined in Minnesota Statutes and the Minnesota Constitution. The provisions of this bill will take effect the day after it is enacted.