This bill appropriates $15,000,000 from the bond proceeds fund for the University of Minnesota-Duluth to support the predesign, design, and preconstruction services for a new Academic Health Center facility. This facility will be specifically for the Duluth College of Pharmacy and Medical School and is intended to be colocated in the emerging Medical District in downtown Duluth.

To fund this appropriation, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $15,000,000, following the procedures outlined in Minnesota Statutes and the Minnesota Constitution. The effective date of this section will be the day following its final enactment.