The bill appropriates $3,000,000 from the bond proceeds fund to the commissioner of natural resources for the purpose of granting funds to the St. Louis and Lake Counties Regional Railroad Authority. This funding is designated for the predesign, design, engineering, and construction of a trail segment of the Mesabi Trail, which includes a pedestrian bridge. The project is necessitated by the permanent closure of County State-Aid Highway 102 in the city of Mountain Iron, requiring the relocation of a segment of the trail.

To finance this appropriation, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $3,000,000, 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.