This bill pertains to transportation funding in Minnesota, specifically focusing on the Transportation Economic Development Program. It appropriates $15,000,000 from the bond proceeds account in the trunk highway fund to the commissioner of transportation for this program, as outlined in Minnesota Statutes, section 174.12.

Additionally, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to $15,000,000 to generate the necessary funds. The bonds will be sold in accordance with Minnesota Statutes, sections 167.50 to 167.52, and the proceeds, excluding accrued interest and any premiums, will be deposited back into the bond proceeds account in the trunk highway fund.