The bill proposes an appropriation of $5,000,000 from the bond proceeds fund to the Public Facilities Authority for the purpose of constructing a new drinking water system for the East Range Water System and its member communities. This funding is intended to cover the acquisition of property, as well as the construction, furnishing, and equipping of the new system.

To facilitate this appropriation, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $5,000,000, following the procedures outlined in Minnesota Statutes and the Minnesota Constitution. The effective date of this section is set for the day following its final enactment.